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Aluminum increased 16.20 USD/Tonne or 0.63% since the beginning of 2025, 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 March of 2025.
In 2023, the average price for aluminum stood at 2,256 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.
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Learn about the factors that influence the price of aluminum per ton and how it fluctuates regularly. The current price of aluminum per ton as of August 2021 is around $2,700-$2,800 per metric ton
This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through January 2025. In January 2025, the average monthly price for aluminum stood at 2,573.4 nominal U.S. dollars per metric ton.
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Learn about the various factors that determine the price of aluminium scrap per ton, including the type and quality of scrap, market demand, fluctuations in international metal prices, transportation costs, and more. Stay informed and make educated decisions about buying and selling aluminium scrap.
The average price of aluminum fluctuated in recent year and increased significantly since 2020. In 2022, the average price was the metal was 2,795 U.S. dollars per metric ton, compared to 1,704 U.S. dollars in 2020.
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.
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In February 2023, the price of secondary aluminum was $3,128 per ton (CIF, US), representing an increase of 7.3% compared to the previous month.
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In June 2023, the price of aluminum was $1,509 per ton (CIF, Qatar), experiencing a decline of 20.7% compared to the previous month.
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Explore the factors influencing LME aluminum prices, including supply and demand dynamics, geopolitical tensions, and energy costs. Understand the impact of market trends on sectors like transportation and construction, and learn how traders and investors monitor these prices to guide strategic decisions.
Aluminum prices averaged 2,523 U.S. dollars per metric ton in the second quarter (Q2) of 2024. That represented nearly 13 percent more than the previous quarter, when the price of aluminum stood at 2,203 U.S. dollars per ton.
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Explore the complex factors influencing aluminum prices per ton, from supply chain dynamics and energy costs to global demand, geopolitical events, and technological advancements. Understand how these elements shape the pricing of this key industrial commodity.
In 2021, the average sales price of aluminum in China stood at 18,946 yuan per ton, a significant increase of 33.5 percent compared to 2020, the highest record in the past decade. The second highest average sales price for aluminum in China occurred in 2011 at 16,977 yuan per ton.
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The aluminum hydroxide prices in the United States for Q4 2023 reached 569 USD/MT in December. The market dynamics were characterized by moderate price increases initially, escalating significantly as the year progressed. Economic fluctuations and constrained supply chains impacted production, reducing inventories. The market recovered with the festive season, aided by lower costs of crude oil and increased consumer expenditures, which pushed customer budgets upward.
Product
| Category | Region | Price |
---|---|---|---|
Aluminum Hydroxide | Chemical | USA | 569 USD/MT |
Aluminum Hydroxide | Chemical | Germany | 559 USD/MT |
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The price of aluminum ingot per ton is a critical indicator of the global economy, influenced by several multifactorial issues. This article explores the key drivers of aluminum prices, including supply and demand, production costs, geopolitical events, and market speculation.
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China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data was reported at 20,331.170 RMB/Ton in Jan 2025. This records a decrease from the previous number of 20,725.690 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data is updated monthly, averaging 15,835.000 RMB/Ton from Jan 2001 (Median) to Jan 2025, with 289 observations. The data reached an all-time high of 23,216.140 RMB/Ton in Mar 2022 and a record low of 10,773.000 RMB/Ton in Nov 2015. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.
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In the first quarter of 2024, the price of the aluminum wire (copper cladded) in Korea reached $6,600/Ton. The price of aluminum wire (copper cladded) in Korea increased by 0.7% as compared to the previous month. The increase in price was driven by the demand from the construction and housing sectors, amidst stable market conditions and moderate supply levels. Similarly, in Brazil, the aluminum wire (copper cladded) prices hit $4,360/Ton.
Product
| Category | Region | Price |
---|---|---|---|
Aluminum Wire (Copper Cladded) | Metals | Korea | $6,600/Ton |
Aluminum Wire (Copper Cladded) | Metals | Brazil | $4,360/Ton |
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In September 2022, the aluminum price per ton stood at $3.1K (CIF, US), approximately reflecting the previous month.
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The aluminum alloy ingot prices in the United States for Q2 2024 reached 3320 USD/MT in June. The market reflected strong growth as demand from key industries surged. Seasonal peaks driven by summer demand and intensified industrial activity contributed to rising prices. Key supply constraints and sustainability regulations added upward pressure, creating a positive market outlook with strong investor interest and strategic stockpiling that further underscored the upward trend in prices.
Product | Category | Region | Price |
---|---|---|---|
Aluminum Alloy Ingot | Metal & Metalloids | USA | 3320 USD/MT |
Aluminum Alloy Ingot | Metal & Metalloids | China | 2500 USD/MT |
Aluminum Alloy Ingot | Metal & Metalloids | Europe | 3490 USD/MT |
On April 7, 2022, aluminum prices on the London Metal Exchange dropped to under 3,400 U.S. dollars per metric ton, down by around 56 U.S. dollars compared to April 6 prices. The aluminum price had started to significantly hike up on February 24, as Russia invaded Ukraine, and G7 countries committed to economical sanctions on the invading country. Russia is the third country with the largest smelter production of aluminum , and the sixth exporter worldwide of the metal.
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Aluminum increased 16.20 USD/Tonne or 0.63% since the beginning of 2025, 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 March of 2025.