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Aluminum price trend

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Sabrina Liao

Phone Number : +86 13535549423

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Aluminum price trend

September 9, 2021

Customers are surprised that auto parts price increased so much.Let us check the data.Aluminum futures extended a recent rally to rise above $2,740 a tonne in September, the highest since May 2011, as political unrest in Guinea fueled concerns over supplies of the raw material needed to make the metal. Aluminum has climbed about 40% this year amid growing demand helped by massive global stimulus measures and climate change investment, shipping disruptions and tight supply. China suppressed smelting to reduce pollution and meet green targets while in India, the second-biggest producer of the energy-intensive metal, inadequate coal supply threats local production.