1xxx Aluminium Sheet Price

1xxx aluminium sheet price is generally lower than other series. This series includes 1050, 1060, 1070, 1100 etc. They are also called pure industrial aluminum in China, because they contain the highest percentage of aluminum. 1050 has at least 99.5% aluminum and 1060 99.6%. Other alloys, like 3xxx, 5xxx and 6xxx, are mixed with other metals, the purpose of which is to strengthen certain properties. No other elements, however, are deliberately added to 1xxx aluminium sheet. Therefore, its production takes less processing steps and costs less. Besides, mature manufacturing process makes it convenient to produce 1xxx aluminium sheet on big scales, which eventually helps to reduce its cost, too.

Several elements may have influence on 1xxx aluminium sheet price. The first proves to be aluminum ingot price that is made in accordance with currency rate and integrated economic state of the industry. Like the currency rate it varies from day to day. Labor cost affects 1xxx aluminium sheet price as well. This cost stays relatively stable in comparison with other factors, but it may plunges or rockets sharply in case of economic events like crisis. Another element is strength of a manufacturer. Purchasers send inquiries to different suppliers because they want best sheets at lowest price. Strength is an important factor differentiating gold suppliers from common ones. Substantial manufacturers can afford advanced equipment, latest technology and experienced workers. What’s more, there is no shortage of stable aluminum ingot suppliers for them. They also benefit a lot from delivery companies who are willing to lower price to cater for long term cooperation. These advantages enable them to reduce cost by enlarging production scale and improving efficiency. Last, economic policies influence 1xxx aluminium sheet price. That seems to be random, but it’s predictable based on full knowledge of political relations.

Reprinted from http://www.aluminio.cn/1xxx-aluminium-sheet-price/