In February we informed you about the upward movement of the price of aluminium, which is caused by the rising base price for aluminium on the London Metal Exchange (LME) on one hand and increased melting and conversion premiums by extrusion and rolling mills on the other. Price rises by surface treatment companies caused an additional price increase for anodized and powder coated sheets and profiles.
Due to a further increase in the wordwide demand for aluminium and the limited supply of aluminium as a consequence of anti-dumping duties on aluminium from China and supply chain disruptions as a result of the COVID-19 pandemic, the imbalance between supply and demand has become even bigger. Especially the availability of aluminium sheets has become very problematic due to limited supply, causing very long delivery times. But meanwhile, extrusion mills are also extending delivery times of aluminium profiles and overall delivery reliability is decreasing.
The strong supply and demand imbalance has caused an unprecedented continuation of price increases of aluminium sheets and profiles. On the London Metal Exchange the base price for aluminium is now well above €2,00/kg and extrusion and rolling mills are announcing further increases of melting and conversion premiums every nearly week.
Price adjustment
The recent price increases compel Comhan Holland to increase once more the prices of her aluminium sign systems. The new (gross) price list will take effect on May 17, 2021 and will be sent to you on request. In view of the exceptional market situation, future price increase can unfortunately not be ruled out.
Will we do our utmost to monitor and replenish our stocks in order to continue to serve you optimally even in today’s extremely challenging market conditions.
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