Alumina in plastic bags

Alumina Price Outlook

Alumina prices soared to the highest level in nearly two years on 7 October, likely buoyed by ongoing supply disruptions. Alumina traded at USD 478 per metric ton on 7 October, which was 48.6% higher than on the same day in the prior month. Moreover, the price was 80.4% higher than on the same day last year and was up 61.2% on a year-to-date basis. Prices for alumina have rallied in recent weeks, as August’s fire at the Jamalco alumina refinery in Jamaica sparked concerns over supply. On 1 October, the company announced that full production was not expected before end-September 2022, which confirmed worries and sent prices surging. Meanwhile, higher prices for alumina refining, amid rising energy costs globally, will have provided an additional boost.

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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