What aluminum blister cost consists of?
Aluminum blister cost mainly depends on the plain alu foil price; for plain alu foil, its major cost is alu ingot price.
In last year 2021 & 2022, the ingot price waved a lot, which based on several key events, like COVID-19 & Ukraine-Russia conflict, and China government had set up a ceiling for the total capacity of aluminum electrolysis production in China, etc.
The complete process to produce aluminum blister:
Bauxite → Alumina → Aluminum electrolysis → Aluminum ingot → Aluminum foil → Aluminum blister.
Aluminum electrolysis is the previous step of alu ingot, so the market worried about the ingot supply would be limited, that is why ingot price raised from the middle of year 2021. The Ukraine-Russia conflict happened suddenly at February, 2022, made a motive to be u
pward of aluminum ingot cost.
In December, 2022, China government canceled almost limited actions against COVID-19, so the production and transport of ingots & foils are coming to be normal now. The need in market might take time to be returned. So in my opinion, the price of ingot & foil would be a little lower in the first three quarters of year 2023.
Generally welcome to your inquiry to info@tiptopfoil.com, the latest & best price will be replied to you soon.