Since December 2021, aluminum ingots have risen sharply, so why is there a sharp rise? The following are 3 reasons for the price increase of aluminum ingots, you can refer to:
1. Repeated public health incidents in some areas led to poor transportation, affected delivery and delivery, and supply shortages in some areas, which supported spot aluminum prices;
2. Affected by the domestic epidemic, the supply is in short supply, which is an unfavorable factor for aluminum prices;
3. The tightening of the supply of goods has increased the willingness of the market to receive goods in some regions, the willingness of spot trading has increased, the transaction situation has improved, and the market sentiment has been boosted, which has promoted the rise of aluminum prices.
Contact: Jack Sheng
Add: Room 2-23, No. 1, Epang Road, Lianhu District, Xian,Shaanxi,China