Top Three Influencing Factors of Aluminum Strip Price
Global primary aluminium production increased by 5.8 percent in 2017. Continuing strong demand is also being reflected in price trends and has had an enormous impact on the level of international aluminium stocks.
China has long since become the world's largest producer of aluminium. What are the influencing factors of its aluminum strip price?
Alloy Content
Aluminium strip price of different alloys are different. Without the addition of high grade alloy, the price aluminum strip 1100 is the cheapest. Aluminum strip 3004 is slightly more expensive due to the addition of manganese alloys. Aluminum strip 5052 with the addition of magnesium has a higher price than aluminum strip1100. The aluminum strip of 2000 series and 7000 series has a higher than that of the above aluminum alloy strips because they are added with copper and zinc.
Supply and Demand Relationship
The supply and demand relationship directly affects the aluminum strip price. When the market supply and demand relationship is temporarily balanced, the market price of the commodity will fluctuate in a narrow 
range; when the supply and demand relationship is in imbalance, the price will fluctuate significantly.
In the aluminum futures market, investors can pay attention to an indicator, that is aluminum strip stock. At present, although the demand is weaker, the aluminum strip will not be lower because of various factors such as production cost.
Processing Craft
Due to the different processes used by various enterprises in aluminum strip processing, this also will influence the aluminum strip price. Large enterprises like Haomei use alumina as the raw material for aluminum strip production; some small companies use recycled aluminum as the raw material for aluminum strip production.
The price of alumina is of course far higher than that of the recycled aluminum. The quality of the alumina is also better than recycled aluminum. Therefore, the processing technology and materials also affect the price of aluminum.
Original source: https://www.hm-alu.com/a/top-three-influencing-factors-of-aluminum-strip-price.html
Tags:aluminum strip price aluminum strip 1100 aluminum strip 3004