It Is Estimated That the Latest Price of Chinese Aluminum in 2022 Will Increase by 6%-ruminum Profiles Supplier
Author： WJW Aluminum Window Manufacturers
In October 2021, the price of aluminum reached $ 2,934 per ton, an increase of 62%over October 2020. The rise in prices is mainly due to China's energy limit and the suspension of production of 300,000 tons of factories in Yunnan Province. It is expected that the latest price of Chinese aluminum in 2022 will rise by 6%.
However, there are several factors that will affect the price of aluminum. The biggest factor in determining the current aluminum price is its supply and demand balance.
Although the demand for Chinese aluminum is expected to rise, the supply of aluminum is still too high.
In addition, the price of aluminum ingots depends on the international market price. Other factors affecting prices are production technology, alloy composition, personnel and transportation and processing costs. Among these factors, aluminum prices may fluctuate.
Therefore, it is necessary to pay close attention to the latest price of aluminum plates. Other factors affecting the price per pound include weather. The price of aluminum in winter is lower than summer. This is because there are few construction projects in cold weather.
Therefore, it is important to cooperate with a trusted waste metal recycler. The trend price of aluminum will help you get the best price in recycling. You can also consult with experienced professionals to obtain suggestions for the correct time for selling aluminum materials.
In addition to the latest price of aluminum, the price of other metals will also affect its price.
For example, nickel is at the highest level in ten years, and the current transaction price is about $ 25,000 per ton. Platinum and 钯 钯 have also risen sharply. In the main production of these metals, Russia supplies 35% of the world's platinum and 10% gold gold. Crude steel also rises, resulting in the price of this metal rising. High energy price is another factor that affects the latest price of aluminum. Energy costs account for more than one -third of the total production cost. The rise in electricity prices has caused a harsh environment to the aluminum smelter. In the past, aluminum futures have been traded on the New York Commodity Exchange and Shanghai Futures Exchange. The standard size of the future contract is five tons. Aluminum is widely used in many industries, including cars, packaging, railway vehicles, buildings, etc. At present, China is the largest aluminum producer, accounting for 60% of global output. The maximum resources of aluminum aluminum aluminum ore are in Australia, Guinea and China. For everyone, the latest price of aluminum is changing every day, and different prices are different due to different regional prices. To understand more information about the price of aluminum materials in your area, you can leave a message or telephone consultation online. Thank you for watching.
Aluminum window manufacturers have been increasingly popular in recent years due to their durability and affordability. As a lightweight material, aluminum is also easy to work with and can be formed into various shapes and sizes to fit any architectural design.
However, with so many aluminum window manufacturers to choose from, it can be challenging to find the right one for your needs. Researching the manufacturers' reputation and customer reviews is crucial, as well as considering the range of products and services they offer.
In conclusion, when choosing an aluminum window manufacturer, it's essential to do your due diligence and consider all factors. A reputable manufacturer will provide excellent customer service and a wide range of quality products. Don't forget to check if they offer installation services and ask for warranties and guarantees to ensure you get your money's worth.
