We have adjusted our 2022 aluminium price forecasts of USD3,000/tonne down to USD2,850/tonne in light of weakening growth and demand led by the slowdown in Mainland China and our 2023 price forecast of USD2,800/tonne down to USD2,700/tonne.
Chinese alumina prices have been volatile in 2024, jumping in January due to concern about bauxite supplies from Guinea and again in May after Rio Tinto (RIO.L)
European commercial 1050 aluminum sheet prices dropped 2.24% to $3,149 per metric ton. European 5083 prices saw the largest decline of the overall index,
By Metal Miner - Mar 25, 2024, 2:00 PM CDT. Aluminum prices briefly rose in March, potentially influenced by a copper price rally. Slowed aluminum production in China due
Rising aluminum prices have become a concern for China. Bloomberg reported that the China Nonferrous Metals Association believes the steep increase of the
Yunnan is forecast to account for 50 per cent of the global growth in aluminium production between 2020 and 2023, according to analysts at consultancy
Aluminum rose from its lowest level since March as traders weighed the possibility that China new emissions reduction plan for domestic smelters will trigger
The China Nonferrous Metals Industry Association (CNIA) held a meeting of the countrys top aluminium smelters on Monday to address what it described as an
Market sources are optimistic of the outlook for Chinas primary aluminum prices and profit margins in the medium to long term on the back of expectations that
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Aluminum profile prices have experienced two major adjustments since 2021, many manufacturers have joined the industry. Because the price of aluminum ingot has risen to CNY20000/Ton, far exceeding the original cost accounting, so the price of aluminum profile has been at a high level, easy to rise and difficult to fall.
Both BMI and ING projected aluminum prices to average $2,500/ton in 2025. Trading Economics aluminum price forecast for 2025 also saw the metal continuing its uptrend, trading at $2,763.20/ton in Q1 2025. Aluminum Price Forecast 2030 Beyond
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