Factors Influencing Aluminium Sheet Price

Many factors have influence on aluminium sheet price. If you learn something about these factors, you would find purchasing easier.
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　　The first factor influencing aluminium sheet price proves to be aluminum ingot price, which stays stable most of the time but changes sharply occasionally. This price changes almost from day to day. Therefore, it’s essential to pay close attention to it. Second, supply and demand relation also has great impact on aluminium sheet price. As in any other industries, this factor functions like an invisible hand guiding prices jumping up and down. While supply of aluminium sheet generally equals to demand, the price fluctuates in a small narrow section. On the contrary, the price jumps sharply in occasion of unbalanced relation between supply and demand. Stock is an crucial element displaying relations between supply and demand. There are reported stock and unrecorded stock. Reported stock, also called visible stock, refers to stock quantity issued regularly by futures exchanges. While unrecorded stock refers to quantity of aluminium sheet scattering in warehouses of manufacturers, traders and consumers around the globe. It’s also called invisible stock because there’s no regular record and issuing of the quantity. Raise of market demand will lead to decrease in reported stock and vise versa. Supply quantity of aluminum oxide is another factor influencing aluminium sheet price. Production cost of aluminum oxide accounts for about one third of the whole industry, thus its quantity and price have direct influence on aluminum sheet. The last factor, power price, is commonly ignored by many people. Electrolytic aluminum, the production of which entail great consumption of electricity, plays an important role in aluminum industry. Figures show that power supply ability has impact not only on production of electrolytic aluminum but also on aluminum alloy price.
　　Therefore, aluminium sheet price is influenced by the following factors: aluminum ingot price, supply and demand relation, supply of aluminum oxide and power price. If you have different answers, welcome to leave messages or contact us!

Reprinted from http://haomei-aluminium.com/en/News/Factors-Influencing-Aluminium-Sheet-Pric.html

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