Alumina Price Outlook

Alumina prices continued to regain lost ground over the past month, after plummeting to a four-year low in April. The base metal traded at USD 268 per metric ton on 10 July, which was up 5.4% from the same day in June. However, the price was down 13.8% from the same day last year and was 3.9% lower on a year-to-date basis. The sustained recovery in alumina prices was mostly driven by a gradually improving global demand backdrop amid the easing of Covid-19 restrictions globally and strengthening risk sentiment. Adding further upside pressure to prices at the outset of Q3, alumina consumption accelerated in China while Chinese Chalco—the world’s biggest supplier of alumina—announced plans to cut approximately 10% of its alumina output.

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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