Why the aluminum profile prices keep rising in 2021?

Aluminum profile prices have experienced two major adjustments since 2021, many manufacturers have joined the industry. Because the price of aluminum ingot has risen to CNY20000/Ton, far exceeding the original cost accounting, so the price of aluminum profile has been at a high level, easy to rise and difficult to fall.

But the aluminum products price in Shenghai Aluminum still competitive in the whole industry. Contact us if you are interested.

Aluminum profile prices rise, will affect customer needs?The principle is so, but from the market reaction, the customer purchase intention is still relatively high. There are cases you can not buy the goods even though you have enough money. Many customers have been prepared the goods in advance to deal with the price rise in the future. But from the point of view of the current market, aluminum profile prices will still rise.

Aluminum profile prices are mainly affected by aluminum ingot prices, aluminum ingot prices have been in a high level, so aluminum profile prices also rise. Why did the price of aluminum ingot rise so much? Inner Mongolia have brought up policies to limit the capacity of electrolytic aluminum, and there are rumors that the capacity of electrolytic aluminum in Xinjiang may be affected.Under the carbon neutral target, the growth of electrolytic aluminum supply will be limited.The stock of electrolytic aluminum continues to decline, now it broken 1.2 million tons. From the point of view of enterprise production, compared with the previous period the order is obviously improved. The consumption of electrolytic aluminum in the second quarter is expected to remain unchanged. To sum up, in this supply and demand situation, price is easy to rise and difficult to fall.

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