The price of aluminum can be affected by a number of factors, the following are some of the main ones:

Raw material supply and demand: The supply and demand of raw materials for aluminum is an important factor in price fluctuations. The main raw material for aluminum is bauxite, and its supply and price changes will have a direct impact on aluminum prices. At the same time, global economic growth and industrial demand will also affect aluminum demand and price fluctuations.

Energy price: The production process of aluminum requires a large amount of electric energy, and the price of electricity has an impact on the production cost and final price of aluminum. Fluctuations in energy prices can directly lead to changes in aluminum prices.

Trading market: Aluminum is an international commodity, its price will be affected by the international economic and financial markets. Factors such as the price of aluminum futures contracts on international metal exchanges (such as the London Metal Exchange), exchange rate fluctuations and investors' expectations of market supply and demand can also affect the price of aluminum.

Government policies and tariffs: Government policy measures and trade tariffs have some impact on the production, export and import of aluminum. Tariffs and trade restrictions could affect international trade in aluminum and its price.

Technological progress and production efficiency: Aluminum production technology continues to improve and improve, and new production technology can improve production efficiency and reduce costs, which has an impact on aluminum prices.

Geopolitical and natural disasters: Geopolitical tensions, natural disasters, and related political and economic events can all have an impact on the supply chain and market conditions for aluminum, which can affect the price of aluminum.