Knowledge, Technology
What factors cause aluminum sheet prices to fluctuate?
When it comes to aluminum sheet materials, what many people care about is not only quality but also price. The aluminum market is constantly changing, making price prediction difficult. So, what factors cause aluminum sheet prices to fluctuate? Let's find out to better understand the price formation mechanism of one of the most popular materials today. So, what factors cause aluminum sheet prices to fluctuate? Let's find out to better understand the price formation mechanism of one of the most popular materials today.
Aluminum sheet prices fluctuate according to the global market and domestic situation.
The price of aluminum sheets is not immune to the influence of global raw aluminum prices. When aluminum prices on international exchanges increase, domestic aluminum sheet prices will almost certainly fluctuate accordingly. This is because most of the raw aluminum supply is imported, affected by the USD, import and export tax policies, and global political situations.
In addition, fluctuations in logistics, raw material supply, and commodity scarcity also contribute significantly to the fluctuation of aluminum sheet prices. Especially during post-pandemic periods or transportation crises, prices can surge in a short time.
Aluminum sheet prices are affected by production and processing costs.
Not only dependent on the market, aluminum sheet prices are also affected by production-related factors such as rolling technology, surface treatment processes, and accompanying technical standards. Aluminum sheets with high precision, good flatness, or anodized for corrosion resistance often have higher prices.
In addition, energy costs – especially electricity and gas – also directly affect aluminum prices because aluminum production consumes a lot of energy. When input costs increase, product prices must be adjusted to ensure a balance between cost and profit.
Influence of aluminum grade and thickness on aluminum sheet prices.
Each type of aluminum sheet has a different aluminum grade such as 1050, 3003, 5052, 6061, 7075... with different mechanical properties. Aluminum types with high durability, good corrosion resistance, or weldability will have higher prices than common aluminum types.
The thickness of the aluminum sheet is also a determining factor. The thicker the sheet, the more material, which means higher costs. However, the price does not increase linearly. Super-thick aluminum sheets with special technical requirements will have a significant price difference compared to standard sheets.
The impact of origin and certification is also a reason affecting aluminum sheet prices.
Discerning customers always care about product origin. Aluminum imported from Europe, such as Fusina aluminum, often has a higher price due to meeting strict standards for mechanical properties and hygiene. At the same time, certifications such as COCQ, EN, VR registration, or food certification will increase the value – and price – of aluminum sheets.
Meeting high documentation requirements not only increases customer trust but also means that the product is manufactured according to stricter control processes. That is also part of the reason why, for the same aluminum sheet, there is a clear price difference between suppliers.
Domestic supply and ordering trends.
Another factor affecting aluminum sheet prices is inventory status and order size. For large quantity orders, prices are often more favorable due to savings in operating and warehouse management costs.
Conversely, when supply is scarce and warehouses are out of stock, aluminum sheet prices can soar due to urgent imports or increased transportation costs. This is why businesses with regular needs should prioritize choosing suppliers with available stock to ensure price stability.
Choosing the right time – a solution for cost problems.
Understanding the factors affecting aluminum sheet prices is an important part of a purchasing strategy. Instead of just comparing prices, businesses should thoroughly research the type of aluminum, accompanying certifications, appropriate thickness, and whether the supplier has available stock.
At Kenta VietNam, aluminum sheets are always available at warehouse No. 1 – Hai Phong City and warehouse No. 2 – Hung Yen, quickly meeting all large and small orders. Customers can visit the warehouse to view goods directly and check actual quality before making a decision.We provide international standard aluminum sheets, complete with COCQ, food certifications, and genuine imported lines from Europe.