Alumina in plastic bags

Alumina Price Outlook

Alumina prices rose over the past month, supported by healthy demand conditions in top consumer China. The base metal traded at USD 274 per metric ton on 6 November, which was 3.6% higher than on the same day in the prior month. However, the price was 3.1% lower than on the same day last year and was down 1.7% on a year-to-date basis. Upbeat Chinese demand supported alumina prices in recent weeks, amid a stronger-than-expected acceleration in industrial production in September. Chinese alumina imports soared 136% annually at the end of Q3, pointing to robust demand for the base metal and, in turn, boosting prices. The trend likely continued through the end of October, boding well for prices. Moreover, the market shrugged off news of planned winter production cuts in China, although uncertainty due to the U.S. elections weighed on prices in early November.

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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