Aluminum futures have been trading above $2,000 per tonne in January, not far from an over 2-year peak of $2,067/tonne reached in December and are expected to remain strong in the next months, on the back of tight supply coupled with strong demand from China and the US and higher freight costs. In 2020, the aluminum market expanded more than 9% after the relaxation of Covid-19 restrictions and economic and fiscal stimulus boosted aluminum demand.

Historically, Aluminum reached an all time high of 3271.25 in July of 2008. Aluminum - data, forecasts, historical chart - was last updated on January of 2021.

Aluminum is expected to trade at 1951.35 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 1831.57 in 12 months time.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Aluminum


Aluminum
Aluminum futures are mostly traded on the London Metal Exchange (LME), the New York Mercantile Exchange (COMEX) and the Shanghai Futures Exchange. The standard future contract size is 5 tons. Aluminum is used widely in aerospace applications, packaging, automobiles and railroad cars and as a construction material. The biggest producers of aluminum are: The Aluminum Corporation of China (Chalco), Alcoa and Alumina Ltd, Rio Tinto from Australia, UC Rusal of Russia, Xinfa from China, Norsk Hydro ASA from Norway and South 32 from Australia. China accounts for nearly 60 percent of global aluminum output. The biggest resources of bauxites, the raw material for aluminum are located in Australia, China and Guinea. The Aluminum prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our aluminum prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. .
Energy Price Day Weekly Monthly YTD Date
Crude Oil
USD/Bbl
 52.3700 0.01 0.02% 0.23% 9.70% 7.93% Jan/18
Brent
USD/Bbl
 55.0300 0.07 -0.13% -1.13% 8.09% 6.24% Jan/18
Natural gas
USD/MMBtu
2.5800 0.16 -5.74% -6.08% -4.62% 1.61% Jan/18
Gasoline
USD/Gal
 1.5199 0.01 -0.56% -0.06% 11.72% 7.79% Jan/18
Heating oil
USD/Gal
 1.5893 0.00 -0.23% 1.00% 7.57% 7.10% Jan/18
Ethanol
USD/Gal
 1.6300 0.00 0.00% 7.24% 24.43% 13.75% Jan/15
Naphtha
USD/T
 500.38 3.50 -0.69% -0.33% 16.33% 15.64% Jan/15
Propane
USD/Gal
 0.91 0.01 -1.08% 6.02% 47.61% 40.29% Jan/15
Uranium
USD/Lbs
 30.4500 0.15 -0.49% -0.49% 1.16% -0.81% Jan/15

Metals Price Day Weekly Monthly YTD Date
Gold
USD/t.oz
 1,832.84 6.25 0.34% -0.64% -2.31% -3.36% Jan/18
Silver
USD/t.oz
 24.897 0.16 0.65% -0.10% -4.84% -5.54% Jan/18
Platinum
USD/t.oz
 1,079.68 6.25 0.58% 4.68% 6.98% 1.29% Jan/18

Agricultural Price Day Weekly Monthly YTD Date
Soybeans
USd/Bu
 1,414.0000 3.00 -0.21% 3.04% 14.33% 7.41% Jan/18
Wheat
USd/Bu
 669.7500 5.75 -0.85% 5.51% 9.57% 4.57% Jan/18
Palm Oil
MYR/T
 3,341.00 82.00 -2.40% -12.01% -1.91% -7.19% Jan/18
Cheese
USD/Lbs
 1.6720 0.01 -0.42% -2.73% 1.77% 1.58% Jan/15
Milk
USD/CWT
 16.23 0.01 0.06% -2.81% 2.92% 2.72% Jan/15
Rubber
JPY/Kg
 323.50 10.00 3.19% 11.55% 10.79% 20.35% Jan/18
Orange Juice
USd/Lbs
 121.85 2.15 -1.73% -0.77% 3.66% -1.14% Jan/15
Coffee
USd/Lbs
 128.15 0.80 0.63% 3.60% 1.71% -0.08% Jan/15
Lumber
USD/1000 board feet
 800.10 42.90 -5.09% -8.03% -2.26% -8.36% Jan/15
Oat
USd/Bu
 365.5000 0.50 -0.14% 3.03% 8.22% 1.32% Jan/18
Wool
AUD/100Kg
 1,172.00 0.00 0.00% 0.09% 0.09% 0.09% Jan/15
Cotton
USd/Lbs
 80.70 0.45 -0.55% 1.17% 6.68% 3.30% Jan/15
Cocoa
USD/T
2,527.00 27.00 1.08% 0.44% 0.40% -2.92% Jan/15
Rice
USD/cwt
 13.1150 0.22 1.71% 5.64% 6.28% 7.15% Jan/15
Canola
CAD/T
 685.20 2.60 -0.38% 2.99% 8.02% 8.85% Jan/18
Sugar
USd/Lbs
 16.45 0.22 -1.32% 5.45% 13.53% 6.20% Jan/15
Tea
USD/Kgs
 2.91 0.00 0.00% 1.39% -1.36% 1.39% Jan/15
Corn
USd/BU
 530.0000 1.50 -0.28% 7.67% 21.14% 9.50% Jan/18

Livestock Price Day Weekly Monthly YTD Date
Beef
BRL/Kg
 19.03 0.09 0.48% 1.01% 11.48% 4.91% Jan/15
Feeder Cattle
USd/Lbs
 134.5750 1.98 1.49% -0.92% -4.46% -3.15% Jan/15
Live Cattle
USd/Lbs
 112.7750 0.70 0.62% -1.49% 3.68% -1.96% Jan/15
Lean Hogs
USd/Lbs
 67.9250 1.63 2.45% -1.13% 2.96% -3.34% Jan/15
Poultry
BRL/Kgs
 6.20 0.01 -0.16% 4.73% 8.58% 3.16% Jan/15

Industrial Price Day Weekly Monthly YTD Date
Copper
USD/Lbs
 3.6305 0.03 0.81% 2.05% 1.51% 3.20% Jan/18
Lithium
CNY/T
 54,000.00 0.00 0.00% 16.13% 17.39% 16.13% Jan/18
Bitumen
CNY/T
 2,624.00 24.00 0.92% 6.06% 6.23% 10.16% Jan/18
Steel
CNY/T
 4,192.00 27.00 0.65% -2.26% -0.90% -0.50% Jan/15
Coal
USD/T
 88.63 0.63 0.72% 6.78% 6.42% 9.12% Jan/15
Palladium
USD/t.oz
 2,384.72 1.65 0.07% 0.53% 3.32% -2.57% Jan/18
Cobalt
USD/T
 37,510.00 495.00 -1.30% 2.77% 17.22% 16.53% Jan/15
Lead
USD/T
 1,979.15 33.50 -1.66% -0.08% -3.61% 0.17% Jan/15
Aluminum
USD/T
 1,978.75 4.50 -0.23% -1.24% -1.75% -0.10% Jan/18
Tin
USD/T
 21,157.50 35.00 0.17% 2.09% 6.04% 4.15% Jan/18
Zinc
USD/T
 2,677.25 7.00 -0.26% -2.86% -5.93% -2.68% Jan/18
Nickel
USD/T
 17,971.25 273.00 -1.50% 2.03% 3.56% 8.56% Jan/15
Molybdenum
USD/Kg
 25.00 0.00 0.00% 6.38% 6.38% 6.38% Jan/15
Iron Ore
USD/T
 171.00 1.00 0.59% 0.89% 10.32% 7.89% Jan/15
Soda Ash
CNY/T
 1,350.00 10.00 0.75% 0.75% -5.33% 0.75% Jan/18
Neodymium
CNY/T
 675,000.00 10,000.00 1.50% 6.30% 13.45% 8.43% Jan/15
Iron Ore 62% fe
USD/T
 169.9700 0.17 0.10% 0.27% 12.75% 9.07% Jan/15
Rhodium
USD/t oz.
 21,000.00 700.00 3.45% 11.41% 28.05% 23.53% Jan/15
Manganese
CNY/T
 31.25 0.00 0.00% 0.00% 11.61% 0.00% Jan/15

Index Price Day Weekly Monthly YTD Date
CRB Index
Index Points
 186.22 1.62 -0.86% 1.10% 6.96% 4.44% Jan/15
LME Index
Index Points
 3,485.80 41.50 -1.18% -1.66% 0.41% 2.09% Jan/15
S&P GSCI
Index Points
 2,078.23 25.02 -1.19% 0.72% 7.58% 5.12% Jan/15