Aluminium prices averaged USD 2,599 per metric ton in August, down 0.3% from July. On 29 August, the commodity traded at USD 2,618 per metric ton, up 2.2% from 31 July.
In August, aluminium traded near July’s level, though prices were on an upward trend. Survey data showed that global operating conditions in the manufacturing sector improved in August. Supply-wise, developments were also bullish for prices. In Guinea, the government expropriated an alumina refinery and striking workers blocked a railway. Moreover, Mozal Aluminium—the second-largest aluminium smelter in Africa—announced that it may halt operations in early 2026 if it fails to secure a new electricity supply deal.
This chart displays Aluminium (US$/mt) from 2023 to 2025.
Aluminium LME (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aluminium LME | - | - | 2,159 | 2,196 | 2,203 | 2,523 | 2,385 | 2,573 | 2,624 | 2,446 | - | - |