Some Aspects of Price Formation in the Metal Market

Abstract

The analysis of existing methods of pricing is carried out, the key advantages and disadvantages of each approach are identified, and conclusions are presented regarding the study of the problem of forming the cost of aluminum in the market. Trends in the development of the aluminum market in modern economic relations are analyzed using mathematical methods and directions of development, as well as possible solutions. A systematic approach to the analysis of the problems of pricing for aluminum in the world, taking into account the market conditions, is presented. The key approaches to pricing have been identified, which, together with the results of a comprehensive analysis, make it possible to determine the criteria for setting prices and assess the possibility of applying pricing methods in the global aluminum market.