Aluminum fell to 2,603.70 USD/T on July 11, 2025, down 0.21% from the previous day. Over the past month, Aluminum's price has risen 3.25%, and is up 4.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on July of 2025.

Learn about the factors that influence aluminum prices and how the aluminum spot price per ounce is determined by the London Metal Exchange and Commodity Exchange. This article covers supply and demand, global economic conditions, geopolitical events, and technological advancements that impact the aluminum industry.

In 2024, the average market spot price of an aluminum ingot was estimated at 1.3 U.S. dollars per pound. Throughout the indicated period, this was by far the highest spot price for aluminum ingots. The fluctuations in aluminum prices can have far-reaching effects on the economy, influencing costs for products ranging from beverage cans to automotive parts. Production of aluminum
The primary production of aluminum in the United States has experienced fluctuations recently, with an estimated production volume of 750,000 metric tons in 2023. The primary production process involves the melting of alumina into pure aluminum. While the United States is one of the top 10 producers of primary aluminum, China is leading the way in terms of aluminum smelter production, with a production volume of 43 million metric tons in 2023.  Price comparison with other base metals The pricing of materials is influenced by various elements, such as manufacturing techniques, availability, and demand in diverse industries. In 2023, of the various base metals, tin was priced approximately at 14 U.S. dollars per pound and was the highest priced base metal at that time. In contrast, aluminum had the fourth highest price that year.

Learn about the factors that affect the price of aluminum per ounce and the current state of the market. Find out why the pandemic has led to a decline in price, and why the growth in the electric vehicle market is expected to drive up demand and increase the price of aluminum per ounce.

Learn how the price of aluminum per ounce is influenced by factors like government policies, energy costs, and market conditions, and how these affect the global aluminum market.

Learn about the factors that impact the cost of aluminum per ounce, including supply and demand, market conditions, geopolitical aspects, and trade policies. Discover the main industries driving demand for aluminum and the countries dominating its global supply.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
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    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

Learn about the various factors that affect the price per ounce of aluminum, including supply and demand, production costs, geopolitical events, and currency fluctuations, and their impact on the aluminum industry as a whole.

In 2025, the price of platinum is forecast to hover around 1,150 U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to 1,700 U.S. dollars.

Precious metals

Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At 8,100 tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank.

Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some five million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals.

In 2023, Silver prices are expected to settle at around 23.5 U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around 1,663 U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Learn about the factors that influence the price of aluminum, such as supply and demand, economic conditions, and political events. Find out how the US-China trade tensions and COVID-19 pandemic have impacted the global aluminum market, and what investors and industry players should know to make informed decisions.

The aluminum cups market, while exhibiting a fragmented competitive landscape with players like Ball Corporation and Shining Aluminium Packaging leading the charge, presents a significant growth opportunity. Driven by increasing demand from the food and beverage industry, particularly for single-serve and on-the-go consumption, the market is experiencing robust expansion. The convenience and recyclability of aluminum cups are key factors fueling this growth. While the 16 oz size currently dominates the market, the increasing popularity of larger sizes (20 oz) for events and other applications indicates potential for future growth in this segment. Consumer preference for eco-friendly packaging options also contributes to market expansion, particularly in developed regions like North America and Europe. However, fluctuating aluminum prices and competition from alternative packaging materials like plastic and paper cups pose challenges. Furthermore, regional differences in consumer behavior and environmental regulations can influence market penetration. The household segment is a significant contributor and its continued growth is fueled by increasing consumer disposable income. Promotional campaigns and competitions further enhance market dynamics. We project a continued, albeit moderated, growth trajectory for the aluminum cups market over the forecast period (2025-2033), driven by the factors mentioned above, balanced by the mitigating effects of fluctuating raw material costs and competitive pressures. The market's growth is largely dependent on several factors, including the ongoing trend towards sustainability, increasing disposable incomes globally leading to higher spending on convenience products, and the consistent innovation in the aluminum packaging sector. The continued expansion in the food and beverage sector, coupled with innovative marketing and promotional campaigns, will stimulate market demand. Geographic expansion, focusing on emerging markets with significant growth potential in Asia and Africa, also presents a substantial opportunity for players. Addressing the challenges posed by fluctuating aluminum prices and sustainable disposal methods is crucial for market players to ensure long-term success. The strategic adoption of advanced manufacturing techniques and the exploration of alternative sustainable solutions will play a key role in shaping the future of the aluminum cups market. A deeper understanding of regional regulations and consumer preferences will be vital for effective market penetration and long-term growth.

Aluminum Cans for Food and Beverage Market Outlook

The global market size for aluminum cans in the food and beverage sector was valued at USD 42.5 billion in 2023 and is projected to grow to USD 64.2 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.6%. This growth can be attributed to several factors including increasing consumer preference for sustainable packaging solutions and the rising consumption of beverages and processed foods worldwide.

One of the primary growth drivers for the aluminum cans market is the increasing awareness about environmental sustainability among both consumers and manufacturers. Aluminum cans are highly recyclable, and recycling aluminum saves up to 95% of the energy required to produce new aluminum from raw materials. This has led to a greater adoption of aluminum cans as an environmentally friendly packaging option. The push for reducing plastic waste has further bolstered the market, as both consumers and regulatory bodies aim to minimize the environmental impact of packaging waste.

Advancements in manufacturing technology have also contributed significantly to the market's growth. Innovations such as lightweight cans and improved production processes have made aluminum cans more cost-effective and versatile. These advancements have enabled manufacturers to produce a variety of can sizes and designs, catering to the diverse preferences of consumers in different regions. Additionally, technological improvements have enhanced the barrier properties of aluminum cans, making them better suited for preserving the quality and freshness of food and beverages.

The rising consumption of beverages, especially in developing regions, is another major factor driving the market. Urbanization, rising disposable incomes, and changing lifestyle patterns have led to an increase in the consumption of ready-to-drink beverages, including carbonated drinks, alcoholic beverages, and energy drinks. Aluminum cans are preferred for these products due to their durability, portability, and ability to keep beverages cool. The food sector has also seen a growing use of aluminum cans for packaging soups, fruits, vegetables, and other processed foods, further fueling market growth.

From a regional perspective, North America and Europe are currently the largest markets for aluminum cans, driven by high levels of environmental awareness and stringent regulations regarding packaging waste. However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period, with a CAGR exceeding 5%. This growth is primarily due to the increasing consumption of beverages and processed foods in countries like China and India, coupled with rising awareness about the benefits of aluminum packaging.

Product Type Analysis

The aluminum cans market is segmented by product type into Standard Cans, Slim Cans, and Specialty Cans. Standard cans represent the traditional and most commonly used form of aluminum cans in the market. These cans are widely utilized for packaging a variety of beverages, from carbonated drinks to beers. Their popularity stems from their robustness and cost-effectiveness, making them a staple in the beverage industry. Standard cans are typically available in sizes ranging from 12 ounces to 16 ounces, catering to the conventional consumption patterns of beverages.

Slim cans, on the other hand, have gained traction in recent years, particularly in the energy drinks and premium beverages segments. The sleek and modern design of slim cans appeals to health-conscious consumers and young adults who prefer on-the-go consumption. Slim cans often range in size from 8 ounces to 12 ounces, making them a convenient option for single servings. The growing emphasis on health and wellness has also contributed to the demand for slim cans, as they are often associated with low-calorie and functional beverages.

Specialty cans encompass a range of unique designs and sizes tailored to specific applications and consumer needs. These cans are often used for limited edition products, seasonal offerings, and niche markets. Specialty cans may feature enhanced graphics, unique shapes, or additional functionalities such as resealable lids. The customization options available with specialty cans make them an attractive choice for brands looking to differentiate their products and enhance consumer engagement. The rise of craft beverages and artisanal food products has further driven the demand for specialty cans.

The product type segmentation highlight

In 2024, the average price of ferrosilicon with 75 percent silicon content came to *** U.S. cents per pound, and silicon metal prices averaged 180 U.S. cents per pound. Silicon alloys and metals are important in various industries. Ferrosilicon is commonly used in ferrous foundries and steel industries, whereas silicon metal is often used for aluminum, aluminum alloys, and the chemical industry. Silicon is also often used for semiconductors in solar panels, computer chips, and as a part of the automotive industry. Silicon facts Pure silicon appears as a blue-grey metallic solid. Silicon is most commonly found paired with oxygen, forming silica. China produces a large percentage of the world’s silicon supply, contributing to about *** million metric tons in 2024. In comparison, Russia – the second largest producer worldwide – produced about ******* metric tons in the same year. U.S. silicon exports and consumption About ****** metric tons of silicon metal and ***** metric tons of ferrosilicon were exported from the United States in 2023. Meanwhile, consumption of silicon in the North American country averaged roughly ******* metric tons in recent years. Silicon is a diverse element, accounting for about 30 percent of the Earth’s crust and is one of the most abundant elements. Its versatility affords great use from the industrial sector. It is commonly used in the electronics industry, as part of cylinder heads or machine tools. It is also used in the commercial sector, for example, as an oil in cosmetics and hair conditioners.

Magnesium fell to 17,300 CNY/T on July 14, 2025, down 0.29% from the previous day. Over the past month, Magnesium's price has remained flat, but it is still 7.49% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Magnesium.

The United States metal cans industry, valued at $20.73 billion in 2025, is projected to experience steady growth, driven by a compound annual growth rate (CAGR) of 3.13% from 2025 to 2033. This growth is fueled by several key factors. The increasing demand for convenient and shelf-stable food and beverage products is a significant driver, particularly within segments like canned fruits, vegetables, pet food, and ready-to-drink beverages. The rising popularity of sustainable packaging solutions, with metal cans being highly recyclable and reusable, also contributes positively to market expansion. Furthermore, advancements in can manufacturing technologies, leading to improved efficiency and cost-effectiveness, are enhancing the competitiveness of metal cans against alternative packaging materials. However, fluctuations in raw material prices (aluminum and steel) pose a potential restraint on industry growth. Furthermore, the increasing adoption of alternative packaging options, such as flexible pouches and glass containers, in certain niche segments, could moderately impact market share. The segmentation reveals a diverse market, with aluminum and steel being dominant materials. The food segment holds a significant share, encompassing a wide range of products. Aerosols and beverages are other notable segments, showing growth potential in categories like personal care, pharmaceuticals, and alcoholic and non-alcoholic drinks. Major players like Crown Holdings Inc., Ball Corporation, and Silgan Holdings Inc. dominate the competitive landscape, leveraging their established manufacturing capabilities and distribution networks. The forecast for the US metal cans industry shows continued expansion, driven by consistent consumer demand and the inherent advantages of metal cans in terms of preservation, recyclability, and brand appeal. Growth is likely to be particularly strong in segments experiencing higher consumer demand such as convenient meal solutions and ready-to-drink beverages. However, careful management of raw material costs and strategic adaptation to emerging trends in sustainable packaging will be crucial for industry players to maintain profitability and competitiveness throughout the forecast period. Further diversification into innovative can designs and specialized coatings catering to specific product needs will present opportunities for market expansion and capturing a larger share in the competitive landscape. The industry’s future success hinges on adapting to changing consumer preferences, technological advancements, and evolving environmental regulations. Recent developments include: January 2023 - Ardagh Metal Packaging (AMP) expanded its extensive product offering for beverage brand customers by launching a new 19. 2 oz.(568ml). This unique can size is expected to drive significant growth in the single-serve channel. This was the first time the company produced a 19. 2 oz. (568 ml) beverage can in the United States. This new product offers an alternative to the more traditional 16 oz. to 24 oz cans. It also supports brands looking to grow in categories such as beer, cider, hard seltzer, and water., January 2023 - Monster Energy reinvigorated its partnership with the seven-time F1 World Champion Lewis Hamilton to launch a new, zero-sugar energy drink. This striking can design was created in collaboration with CANPACK, building on a long-standing relationship between the two brands. Monster typically launches its products in the United States before rolling them out to Europe.. Key drivers for this market are: High Recyclability Rates of Metal Packaging, Convenience and Lower Price offered by Canned Food. Potential restraints include: High Recyclability Rates of Metal Packaging, Convenience and Lower Price offered by Canned Food. Notable trends are: Aluminum to Witness the Growth.

Learn about the costs involved in manufacturing aluminum cans, including raw materials, energy, labor, transportation, and overheads, and how these factors impact the final cost per can. Discover the factors that influence manufacturing costs and the estimated range of costs for 12-ounce aluminum cans.

The global modified aluminum alloy wheel market is experiencing robust growth, driven by the increasing demand for customized vehicles and the rising popularity of aftermarket automotive parts. The market's expansion is fueled by several key factors, including the growing preference for lightweight yet durable wheels enhancing vehicle performance and fuel efficiency. Furthermore, advancements in manufacturing technologies are enabling the creation of aesthetically appealing designs with improved structural integrity, contributing to higher market adoption. Consumer preference for personalization and unique styling is another significant driver, pushing the demand for modified wheels beyond basic functional requirements. The market is segmented by vehicle type (passenger cars, SUVs, trucks), wheel size, and material type, offering varied opportunities for manufacturers to cater to specific customer needs. While potential restraints include raw material price fluctuations and stringent emission regulations, the overall market trajectory remains positive. Competitive landscape analysis reveals key players like OZ SpA, BBS, and Enkei strategically focusing on innovation and expanding their product portfolios to cater to evolving consumer demands. This competitive intensity is expected to drive further market development and technological advancements in the coming years. The forecast period (2025-2033) anticipates a sustained growth trajectory for the modified aluminum alloy wheel market, reflecting continued consumer demand and ongoing industry innovations. We can expect significant developments in wheel design and material technology, potentially incorporating lighter and stronger alloys. The market will likely see increasing consolidation among manufacturers, leading to strategic partnerships and collaborations. Regional variations in market growth will likely be influenced by factors such as automotive production levels, disposable incomes, and consumer preferences. Emerging markets, particularly in Asia-Pacific, are projected to demonstrate higher growth rates compared to established markets in North America and Europe due to rising car ownership and growing disposable incomes. The market's success will depend on manufacturers' ability to adapt to evolving consumer tastes and technological advancements, balancing innovation with cost-effectiveness.