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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 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.
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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.
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.
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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.
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Learn about the factors driving the price of aluminium per metric ton, including supply and demand, global production levels, and geopolitical risks, and how the current economic landscape is impacting this important metal used in industries worldwide.
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.
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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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.
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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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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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.
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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.
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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.
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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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Transaction Price: Aluminum: AOO: Shenyang data was reported at 13,910.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 13,930.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Shenyang data is updated monthly, averaging 15,000.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 281 observations. The data reached an all-time high of 22,500.000 RMB/Ton in May 2006 and a record low of 10,500.000 RMB/Ton in Dec 2015. Transaction Price: Aluminum: AOO: Shenyang 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.
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Transaction Price: Aluminum: AOO: Kunming data was reported at 14,120.000 RMB/Ton in Nov 2019. This records an increase from the previous number of 13,950.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Kunming data is updated monthly, averaging 15,000.000 RMB/Ton from Jan 1996 (Median) to Nov 2019, with 272 observations. The data reached an all-time high of 22,666.670 RMB/Ton in May 2006 and a record low of 10,200.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Kunming 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.
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Transaction Price: Aluminum: AOO: Chengdu data was reported at 15,000.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 15,200.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Chengdu data is updated monthly, averaging 15,200.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 271 observations. The data reached an all-time high of 22,616.670 RMB/Ton in May 2006 and a record low of 10,000.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Chengdu 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.
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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.