Three factors affecting the price fluctuation of primary aluminum

The main factors affecting the price change of primary aluminum in China are as follows:

1. Demand factors. Demand factor is an important factor affecting the development of primary aluminum industry. In recent years, domestic automobile, building materials and other industries have maintained rapid development, which has driven the growth of market demand for primary aluminum products to a certain extent, thus stimulating the development of primary aluminum industry and supporting the price of primary aluminum products.

2. Raw material cost factors. In recent years, affected by the rapid development of domestic economy, the mining cost of aluminum resources has increased, and the price of bauxite has increased to a certain extent, such as raw materials, manpower, transportation, etc., which has a certain impact on the production cost of primary aluminum, thus bringing a certain impact on the price of primary aluminum market.

3. Other factors such as policies and macro environment will also have a certain impact on the development of primary aluminum industry. The development of primary aluminum industry is closely related to policy and economic environment. A good environment will lay a good foundation for the development of primary aluminum industry and play a certain role in the price stability of primary aluminum products.