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What will affect the price change of aluminum profile housing?

  • Categories:Industry
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  • Time of issue:2019-09-12 16:26
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(Summary description)The impact of alumina supply, aluminum alloy costs account for 28% -34% of the production cost of aluminum ingots. Due to the high concentration of the international alumina market, most of the world'

What will affect the price change of aluminum profile housing?

(Summary description)The impact of alumina supply, aluminum alloy costs account for 28% -34% of the production cost of aluminum ingots. Due to the high concentration of the international alumina market, most of the world'

  • Categories:Industry
  • Author:
  • Origin:
  • Time of issue:2019-09-12 16:26
  • Views:
Information

The impact of alumina supply, aluminum alloy costs account for 28% -34% of the production cost of aluminum ingots. Due to the high concentration of the international alumina market, most of the world's alumina (80% to 90%) is sold through long-term contracts, so there is very little alumina available for sale in the spot market. Take China as an example. Before 1997, China's alumina gap was mainly purchased in the international spot market, and there was no long-term contract. In 1997, China Nonferrous and Alcoa signed a 30-year long-term supply contract, 400,000 tons per year, and the price was priced according to a certain percentage of LME primary aluminum prices. In recent years, the scale of China's electrolytic aluminum production has been expanding, which has led to the growing domestic demand for alumina. Currently, about two-thirds of imported alumina needs to be purchased from the spot market. China's large-scale purchase of alumina in the international market directly promoted the sharp increase in international alumina prices. According to statistics, in 2004, China imported a total of 5.87 million tons of alumina, an increase of 4.8% year-on-year, and the average import price was 340 US dollars (foreign alumina The cash cost of production is less than 120 US dollars. It is simple to calculate that only the direct import of alumina in 2004 will cost the foreign alumina suppliers up to several billion RMB. The rising price of alumina has caused the production costs of electrolytic aluminum producers to rise sharply, and the economic benefits have fallen sharply. Most companies have suffered small profits or losses.

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