In late February, the price of aluminum ingots in the Yangtze River, which is closely related to the price of aluminum sheets, showed a clear downward trend. In late March, the price of aluminum ingots has begun to increase, and the future increase is even more uncertain. It's time to consider buying aluminum plates.
Latest trends in price of aluminum sheets
The price of aluminum ingots is an integral part of the price of aluminum sheets, which has a great influence on it. Some time ago, the price of aluminum ingots in the Yangtze River fluctuated significantly. Many people maintained a wait-and-see attitude and felt that the price of aluminum ingots may continue to fall, so they temporarily stranded their plans to order aluminum alloy products. Since the end of March, the price of aluminum ingots has started to rise. In the future, there may be a greater increase, so now is the prime time to buy aluminum products.
Where can I find reliable price of aluminum sheets?
Be aware that falling aluminum ingot prices are a good thing for customers, but not for dealers. Dealers used to purchase aluminum products according to the price of aluminum ingots (higher prices) at that time, so in order to increase profit margins and to keep their interests from being affected, they would not reduce the price of aluminum products. This is also the reason why the aluminum sheet factory is always emphasized when buying products. The aluminum sheet factory generally does not have a lot of inventory. Whenever the price of aluminum sheets is still calculated according to the aluminum ingot price on the day of delivery. In other words, whenever your interests are not affected.
Factors affecting price of aluminum sheets
The price of aluminum sheets is usually influenced by the specifications of the aluminum sheet itself, the manufacturer, the region, and the market competitiveness.
1. The value of the aluminum plate itself
Different alloys, different specifications (thickness * width * length)) will affect the price of aluminum sheets; as well as the temper of aluminum sheets, the thickness is also the main factor.
The popularity, brand influence, technical level, and after-sales service of the aluminum sheet factory will have an important impact on the price of aluminum sheets. Generally, the higher the popularity of the aluminum sheet factory, the more advanced the technical level and the better the after-sales service level.
Different regions have different transportation conditions and distances, which will lead to different transportation costs, which will affect the price of aluminum sheets.
4. Market changes
Just like the recent situation, the price of aluminum sheets will decrease when the price of aluminum ingots drops, and increase when the price of aluminum ingots increases. So price of aluminum sheets is not a stable number that can be determined.
For all inquiries, please fill in the form below (* are required) to send us a brief message, and we will get back to you as soon as possible.