Aluminum increased 0.50 USD/Tonne or 0.03% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Aluminum reached an all time high of 3271.25 in July of 2008 and a record low of 1022.70 in November of 1993.

Aluminum is expected to trade at 1754.09 USD/Tonne by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1681.51 in 12 months time.

Aluminum
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 58.6950 0.68 1.17% -6.48% -9.99% -13.53% May/24
Brent 68.6989 0.92 1.36% -4.86% -7.60% -10.13% May/24
Natural gas 2.6063 0.02 0.93% -0.94% 3.67% -11.32% May/24
Gasoline 1.9368 0.02 1.03% -5.40% -9.16% -11.21% May/24
Heating oil 1.9695 0.01 0.57% -6.01% -6.13% -10.87% May/24
Ethanol 1.3923 0.04 3.04% 2.07% 5.80% -7.24% May/24
Naphtha 544.90 9.01 -1.63% -3.38% -3.58% -18.85% May/23
Propane 0.58 0.01 -1.69% -5.27% -11.03% -37.47% May/23
Uranium 24.3000 0.30 -1.22% -1.42% -5.45% 6.11% May/23

Metals Price Day Weekly Monthly Yearly Date
Gold 1,282.74 1.20 0.09% 0.44% 0.45% -1.42% May/24
Silver 14.5718 0.02 -0.10% 1.26% -2.43% -11.58% May/24
Platinum 800.50 7.00 0.88% -1.60% -9.29% -10.71% May/24

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 827.3241 7.50 0.91% 0.68% -3.72% -20.56% May/24
Wheat 489.4585 20.00 4.25% 5.26% 12.58% -9.86% May/24
Cotton 68.45 0.97 1.44% 3.73% -11.07% -23.27% May/24
Rice 11.5936 0.02 0.17% 4.73% 14.11% 0.25% May/24
Cheese 1.6940 0.00 0.00% 0.12% 2.85% 3.74% May/24
Palm Oil 1,976.00 2.00 0.10% -3.56% -3.61% -19.45% May/24
Milk 16.38 0.00 0.00% 0.49% 2.50% 7.98% May/24
Rubber 209.00 3.00 1.46% 3.57% 10.47% 14.77% May/24
Orange Juice 101.40 1.70 1.71% 4.81% 0.65% -40.11% May/24
Coffee 93.30 0.20 -0.21% 6.81% 1.36% -22.51% May/24
Lumber 325.50 1.80 0.56% 0.46% -5.05% -45.69% May/24
Canola 446.10 4.30 0.97% 0.65% 0.84% -17.10% May/24
Sugar 11.66 0.09 0.78% 0.95% -5.66% -6.42% May/24
Oat 307.6571 4.50 1.48% 4.65% 2.21% 23.68% May/24
Wool 1,893.00 0.00 0.00% -3.02% -2.57% -4.54% May/23
Tea 3.33 0.00 0.00% 0.00% 31.10% 33.20% May/23
Cocoa 2,467.00 41.00 1.69% 4.84% 7.54% -3.48% May/24
Corn 403.4315 15.00 3.85% 5.27% 16.10% -0.63% May/24

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 111.1948 0.39 0.36% -0.07% -10.36% 6.25% May/24
Lean Hogs 86.5240 2.90 -3.24% -6.33% -1.51% 16.61% May/24
Beef 10.75 0.02 -0.19% -0.37% -1.38% 11.75% May/23
Poultry 4.96 0.00 0.00% 0.20% 4.64% 46.75% May/23
Feeder Cattle 143.0500 7.45 5.49% 6.57% -2.37% -1.29% May/24

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7025 0.02 0.61% -1.66% -6.08% -11.88% May/24
Bitumen 3,426.00 148.00 -4.14% -5.20% -5.72% 11.96% May/24
Steel 3,978.00 17.00 0.43% 0.79% -3.75% -1.14% May/24
Cobalt 34,250 0.00 0.00% -0.72% -0.72% -62.26% May/23
Coal 81.90 0.60 -0.73% -1.44% -6.08% -20.60% May/24
Palladium 1,336.51 26.01 1.98% 2.02% -5.51% 36.45% May/24
Lead 1,785.50 0.00 0.00% -2.06% -6.35% -26.45% May/23
Aluminum 1,797.50 18.50 1.04% -3.36% -3.98% -20.57% May/23
Tin 19,325.00 0.00 0.00% -0.77% -1.90% -4.09% May/23
Zinc 2,520.00 22.00 -0.87% -4.44% -8.10% -17.40% May/23
Nickel 11,979.50 0.00 0.00% -1.78% -2.82% -18.64% May/23
Molybdenum 28.50 0.00 0.00% 0.00% -2.56% -5.00% May/23
Iron Ore 105.50 1.50 1.44% 5.50% 10.47% 62.31% May/23
Neodymium 440,000.00 52,500.00 13.55% 30.37% 30.37% 6.67% May/23
Iron Ore 62% fe 97.3100 0.27 0.28% 1.23% 4.69% 46.64% May/23
Rhodium 2,875.00 0.00 0.00% -1.03% -2.54% 28.35% May/23
Manganese 37.00 0.00 0.00% -1.33% -2.63% -6.33% May/23
Lithium 98.61 2.17 -2.15% -4.37% -11.08% -23.28% May/23
Soda Ash 1,960.00 0.00 0.00% -1.18% -0.68% -5.05% May/24

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 1,068.00 9.00 0.85% 3.49% 25.65% -0.84% May/23
LME Index 2,785.70 0.00 0.00% -2.77% -6.29% -16.68% May/23
S&P GSCI 2,555.95 0.00 0.00% -2.00% -3.72% -8.28% May/23
CRB Index 186.00 0.91 0.49% -1.73% -4.22% -10.57% May/24


Aluminum

Aluminum is a lightweight, corrosion resistant metal used mainly in aerospace applications, as a construction material, in packaging, automobiles and railroad cars. Resources of bauxites, the raw material for aluminum are only located in seven areas: Western and Central Africa (mostly, Guinea), South America (Brazil, Venezuela, Suriname), the Caribbean (Jamaica), Oceania and Southern Asia (Australia, India), China, the Mediterranean (Greece, Turkey) and the Urals (Russia). Aluminum futures and options contracts provide price transparency to the U.S. aluminum market, valued at about $35 billion per year in products and exports. China accounts for nearly 60 percent of global aluminum output. This page provides - Aluminum - actual values, historical data, forecast, chart, statistics, economic calendar and news. Aluminum - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1797.50 1779.00 3271.25 1022.70 1989 - 2019 USD/Tonne Daily