Toyo Aluminium to Raise Capacitor Aluminium Foil Price in April

Toyo Aluminium, Osaka based aluminium fabricator, announced on Monday the firm raises the rolling charge for capacitor aluminium foil by more than 30 yen per kilogram for shipment on and after April 1, 2007. The firm revises the rolling charge for capacitor foil for the first time in 3 years.The selling price of capacitor aluminium foil reflects the fluctuation of primary aluminium ingot price quarterly, while plain aluminium foil adopts fixed price system. Aluminium fabricators are recently suffered from material loss in productive processes when primary aluminium price at London Metal Exchange stays at the level higher by more than US$ 1 per kg than 3 years ago.The fabricators are also impacted by expansion of substantial material and distribution costs such for heavy oil, rolling mill lubricant and packaging materials due to higher crude oil price. Toyo Aluminium decided the hike under the situations to pass increasing productive and substantial costs on the selling price.Toyo Aluminium raised the selling price of aluminium plain foil by 80 yen per kg this month and will hike the price of aluminium paste by 60 yen per kg in March.