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.

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 fluctuating price trend of aluminium from 2016 to 2021, influenced by economic conditions, supply and demand factors, and geopolitical events. Explore the average prices per tonne throughout each year and understand the impact of the COVID-19 pandemic on global aluminium prices.

At the end of fiscal year 2024, the Wholesale Price Index of aluminum across India was 136. This meant an increase in the WPI of about 42 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

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.

United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes was 249.53600 Index 1982=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes reached a record high of 287.61300 in April of 2022 and a record low of 20.10000 in June of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes - last updated from the United States Federal Reserve on March of 2025.

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.

Graph and download economic data for Import Price Index (End Use): Bauxite and Aluminum (IR14200) from Sep 1986 to Feb 2025 about end use, aluminum, imports, production, price index, indexes, price, and USA.

Lead increased 138.50 USD/MT or 7.10% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lead - values, historical data, forecasts and news - updated on March of 2025.

The aluminium chloride price in United States reached 628 USD/MT during December 2023.

Explore IMARC’s newly published report, titled “Aluminium Chloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminium chloride pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Graph and download economic data for Producer Price Index by Industry: Aluminum Sheet, Plate, and Foil Manufacturing: Aluminum Sheet, Plate, and Foil (PCU3313153313150) from Jun 1981 to Jan 2025 about aluminum, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

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.

The annual producer price index of aluminum scrap in the United States averaged 251.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of 11 percent. The previous year had seen the highest figure recorded since the turn of the century.

LME Index increased 315.70 points or 8.08% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Global price of Metal index (PMETAINDEXM) from Jan 1992 to Feb 2025 about World, metals, indexes, and price.

Graph and download economic data for Producer Price Index by Industry: Metal Can Manufacturing: Aluminum Cans (Including Lids, Ends, and Parts Shipped Separately) (PCU3324313324313) from Dec 1975 to Feb 2025 about aluminum, parts, metals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

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**. 
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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).

In the second quarter of 2024, metal silicon prices in the United States reached 2474 USD/MT in June. Stable industrial demand, particularly from the solar and automotive sectors, together with balanced supply, influenced this pricing. Year-on-year growth was remarkable, due to economic developments and advancements in technology, indicating a strong market environment.

According to Cognitive Market Research, the global Aluminium Billets market size is USD 57154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.30% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 22861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 17146.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 13145.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 2857.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1143.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The Aluminum Billets Series 1000 held the highest Aluminium Billets market revenue share in 2024.

Market Dynamics of Aluminium Billets Market

Key Drivers of Aluminium Billets Market

Robust Construction Industry to Increase the Demand Globally

Aluminum billets are vital components used in many applications, including doors, windows, facades, railings, and roofs, and are highly dependent on the building sector. The demand for aluminum billets has increased due to the consistent expansion seen in the construction of both residential and commercial buildings. Because of its inherent qualities, which include its light weight, strength, and capacity to be recycled, aluminum is quite popular among builders. It is the material of choice for many contemporary construction projects because of its adaptability and resilience to adverse environmental conditions. Aluminum's recyclable qualities make it even more appealing when sustainability becomes a top priority. This aligns with the building industry's growing focus on environmentally friendly methods and supplies.

Expanding Automotive Industry to Propel Market Growth

The automobile sector is a major factor in the demand for aluminum billets since automakers want to improve their vehicles' performance and fuel economy. Aluminum billets are increasingly used in automotive manufacturing processes to reduce weight and increase fuel efficiency. The growing popularity of lightweight electric cars, which benefit greatly from aluminum's strength and lightweight, is another factor driving this trend. The need for aluminum billets is anticipated to endure as the automotive industry continues to prioritize efficiency and sustainability, highlighting their critical role in influencing the direction of automotive engineering and design.

Restraint Factors Of Aluminium Billets Market

Fluctuating Aluminium Prices to Limit the Sales

One of the biggest obstacles facing businesses in the aluminum billet industry is the ever-changing price of aluminum, the main raw material used to produce billets. The innate instability of aluminum pricing can cause unpredictability, affecting the financial stability and profitability of companies that produce and distribute billets. It is difficult for businesses to estimate and plan efficiently when there are frequent changes in the price of aluminum, as this can impact profit margins, supply chain management, and production costs. Businesses may use proactive pricing techniques, diversification of their supply chains, and hedging to reduce these risks and manage the unpredictability of aluminum price swings while preserving their competitive advantage.

Impact of COVID-19 on the Aluminium Billets Market

The market for aluminum billets has been severely disrupted the COVID-19 epidemic, which has changed demand dynamics and the supply chain. Demand from important industries like construction and automotive fell due to the early lockdown measures and restrictions on industrial activities. The production of aluminum billets encountered obstacles due to manufacturing facilities ceasing operations or operating at lower capacity, intensifying the supply scarcity. The constraints faced by market actors were further compounded by uncertainties surrounding global economic condit...