The price of aluminum ingots is based on the quotation in the spot market or the futures market. Generally, the prices of Tong Ling and Nanshu in the South China Sea are adopted.
Changjiang spot/futures, Shanghai spot/futures, etc. Adopted in the north, while LME was adopted abroad.
Regardless of the price of aluminum ingots, the production cost of aluminum ingot manufacturers is based on the price of raw bauxite, the output from bauxite to aluminum ingots, power consumption, the cost of smelting process and so on.
Processing fee is the cost for aluminum alloy processing plants to make aluminum ingots into cast bars, profiles, rolled strips, forgings and other products. Generally, the cost of casting, yield, yield, subsequent sawing, labor, utilities and so on will be calculated. Generally, fees are paid according to procedures.
Industrial cost calculation is more complicated, and each manufacturer will have differences, depending on the individual situation of the manufacturer.