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.

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

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.

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.

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.

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.

During the last quarter of 2024, the aluminum prices in the USA reached 4628 USD/MT in December. As per the aluminum price chart, the prices increased by around 10.45% compared to the same quarter last year. The market held steady in the face of worldwide unpredictability. While trade policy debates and tariff considerations influenced investor behavior, the effects of China's changed export policies were continuously observed.

Explore IMARC’s newly published report, titled “Aluminum Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of aluminum pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

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.

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.

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.

Explore the factors influencing aluminum prices in 2023, including global demand, production costs, and geopolitical events. Learn how trade policies, energy costs, and recycling innovations impact market volatility and future pricing trends.

Learn about the various factors that affect the price of 1 ton of aluminum, including market demand, supply, production costs, global economic conditions, and trade policies.

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.

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.

Transaction Price: Aluminum: AOO: Hohhot data was reported at 15,000.000 RMB/Ton in Nov 2019. This stayed constant from the previous number of 15,000.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Hohhot data is updated monthly, averaging 16,000.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 275 observations. The data reached an all-time high of 22,000.000 RMB/Ton in Dec 2006 and a record low of 11,500.000 RMB/Ton in Dec 2015. Transaction Price: Aluminum: AOO: Hohhot 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.PG: Aluminum Price.

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.

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.

In August 2022, the secondary aluminum price per ton stood at $4.2K (FOB, US), growing by 26% against the previous month.

Transaction Price: Aluminum: AOO: Xiamen data was reported at 13,930.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 14,000.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Xiamen data is updated monthly, averaging 15,490.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 274 observations. The data reached an all-time high of 21,626.670 RMB/Ton in Dec 2006 and a record low of 9,710.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Xiamen 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.PG: Aluminum Price.