Aluminum Prices
Monitor Aluminum Prices Worldwide
Intratec tracks the following commodity prices in multiple locations.
See below a preview of Aluminum prices, as an example of prices available. Monitor monthly Aluminum price assessments covering 5 locations: United States, Europe, Southeast Asia, China and Northeast Asia. Also check Aluminum 10-year price history and forecasts..
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Data Legend. The chart above shows Aluminum price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Aluminum, US (United States): Aluminum, spot price, i-w, United States
- Aluminum, EUR (Europe): Aluminum, domestic spot price, dpu, Netherlands
- Aluminum, SEA (Southeast Asia): Aluminum, export transaction price, fob, India
- Aluminum, CN (China): Aluminum, spot price, i-w, China
- Aluminum, NEA (Northeast Asia): Aluminum, import spot price, cif, Japan
Data Use. Aluminum prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Aluminum price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
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Aluminum Price Outlook. The price of Aluminum (United States) decreased during March 2020 to 1,540 USD per metric ton, which represents a considerable decline of 8% compared to the previous month’s value. On a year-over-year basis, the prices of Aluminum (United States) decreased significantly by 31%. Meanwhile, the average price of Aluminum (China) amounted to 1,820 USD per metric ton, from 2,060 USD per metric ton one year earlier. On a month-over-month basis, the price of Aluminum (China) is 6% lower than the price one month before.
The price of Aluminum (Southeast Asia) declined slightly throughout March 2020, reaching 1,770 USD per metric ton. The price is 4% lower than the average price in the previous month and 12% lower than the average price one year before. In contrast, the prices of Aluminum (Europe) decreased modestly during March 2020, reaching 1,790 USD per metric ton, which means a decline of 0.6% from the previous month’s price and a decline of 10% from the previous year’s price.
The prices of Aluminum (Northeast Asia) experienced a modest decline of 10 USD per metric ton from the prior month's price, to 1,770 USD per metric ton. Such price movement meant a decrease of 0.6% on a monthly basis and a decrease of 12% on a yearly basis.
About Aluminum Metal. Aluminum is a metallic element, with atomic number 13, a post-transition metal, member of group 13 of the periodic table. Aluminum is the most abundant metal in Earth’s crust, comprising 8.8% by weight. It is, however, rarely found in its free form, being present in over 270 minerals and ores. It was first isolated in 1824, followed in 1886 by the development of the first industrial production process, which is still widely used currently, the Hall-Héroult process. Aluminum is the third most commercialized metal worldwide, behind only iron and copper. This is explained by its ability to form alloys with remarkable low density in conjunction with high strength and corrosion resistance.
Aluminum is the third most commercialized metal worldwide, behind only iron and copper. This is explained by its ability to form alloys with remarkable low density in conjunction with high strength and corrosion resistance.
Recycling plays a crucial role in the Aluminum production chain, mitigating environmental impact and reducing the demand for primary aluminum production. As a highly recyclable material, aluminum exemplifies a sustainable approach within the broader context of the manufacturing ecosystem.
Aluminum Metal Handling. Since aluminum is produced in great quantity, it is usually shipped in railroad tank cars or by marine transportation. Transportation of molten Aluminum in special vessels by truck is a growing trend, since it is usually cheaper to transport it in this state, than it is to melt the solid metal again in factories. Due to its high electrical conductivity, all equipment used in storage or transportation should be grounded. Fine dust generation should also be prevented since it can form flammable or explosive mixture with air.
Aluminum Metal Production. Raw materials and the respective production processes employed in the manufacturing of Aluminum Metal are listed below.
- Alumina (Hall-Heroult electrolytical reduction process)
Aluminum Metal Uses. The uses and applications of Aluminum may vary according to its specification. The main forms of Aluminum are plates; rods; wire foil flakes; powder; and sheets.
Intratec Methodology. Intratec Primary Commodity Prices are produced from a data-driven, mathematical approach, which starts with the extraction of data from various primary sources, including official trade records, statistics bureaus, governmental and international agencies. Such large volume of data is validated through advanced data processing techniques, and treated by means of statistical analysis for outliers removal. When faced with input gaps, data scientists and engineers employ mathematical models or machine learning techniques to estimate prices and ensure the completeness of the price assessments presented. (learn more ).
