Alumina Price Outlook

Alumina prices increased moderately over the past month, owing to a hike in demand from China. The base metal traded at USD 272 per metric ton on 11 September, which was up 2.0% from the same day in the prior month. However, the price was down 7.3% from the same day last year and was 2.5% lower on a year-to-date basis. The steady recovery in alumina prices seen since April was primarily driven by the gradual economic recovery amid the easing of Covid-19 containment measures globally, while strong demand from China has also boded well for prices. Furthermore, previously announced production restrictions at Hydro’s Alunorte refinery in Brazil—the world’s biggest alumina refinery outside China—put further upward pressure on prices.

Alumina Price History Data (USD per metric ton, aop)

2015  2016  2017  2018  2019  
Alumina 377.2  310.14  348.34  472.02  333.94  

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Alumina Historical Price Chart


Alumina historical price chart
Note: Shanghai Metal Market (SMM) Alumina, prices in USD per metric ton (mt). Prices are average of period (aop). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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