Aluminum futures in the UK hovered around $3,400 per tonne, near an over two-month low, as an interim US-Iran peace deal eased supply concerns. The two nations remotely signed a memorandum of understanding to end their war and reopen the Strait of Hormuz, allowing metal exports from the Persian Gulf, which accounts for roughly 9% of global aluminum production, to resume. Still, there remains uncertainty over how quickly supply chains can recover, given as key Gulf producers are facing operational challenges following earlier Iranian attacks. Additional downside risks come from rising output in China, the world’s largest producer, and increasing supply from smelters in Indonesia. In addition, weak economic data from China has raised concerns over demand as the country is also one of the biggest consumers of the metal. Further weighing on prices, the Federal Reserve’s hawkish hold lifted the US dollar, making greenback-priced commodities expensive for foreign buyers.

Aluminum rose to 3,408.45 USD/T on June 19, 2026, up 0.26% from the previous day. Over the past month, Aluminum's price has fallen 6.14%, but it is still 33.32% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Aluminum reached an all time high of 4103 in March of 2022. Aluminum - data, forecasts, historical chart - was last updated on June 19 of 2026.

Aluminum rose to 3,408.45 USD/T on June 19, 2026, up 0.26% from the previous day. Over the past month, Aluminum's price has fallen 6.14%, but it is still 33.32% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum is expected to trade at 3553.44 USD/Tonne by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3769.40 in 12 months time.



Price Day Month Year Date
Coal 144.00 0.20 0.14% 8.76% 34.58% Jun/18
Bitumen 4,103.00 -48.00 -1.16% -8.60% 9.38% Jun/18
Cobalt 56,290.00 0 0% 0% 68.86% Jun/18
Lead 1,970.08 -12.90 -0.65% -0.66% -1.13% Jun/19
Aluminum 3,407.45 8.00 0.24% -6.17% 33.29% Jun/19
Tin 53,653.00 -1691 -3.06% 3.95% 67.62% Jun/18
Zinc 3,617.35 -23.45 -0.64% 1.56% 36.98% Jun/19
Nickel 17,774.38 -11 -0.06% -6.38% 18.02% Jun/19
Molybdenum 602.50 0 0% -1.63% 26.44% Jun/18
Palladium 1,264.50 -24.50 -1.90% -8.14% 21.47% Jun/19
Gallium 2,025.00 0 0% -10.00% 17.39% Jun/18
Germanium 23,250.00 0 0% 14.81% 56.04% Jun/18
Manganese 31.75 0 0% -5.08% 8.18% Jun/18
Indium 4,775.00 0 0% 0.53% 91.38% Jun/18
Soda Ash 1,166.00 0 0% -2.51% -10.58% Jun/19
Neodymium 960,000.00 -5000 -0.52% -0.52% 75.34% Jun/18
Tellurium 820.00 0 0% 2.50% 19.71% Jun/18
Rhodium 8,000.00 0 0% -17.53% 46.12% Jun/19


Aluminum
Aluminum futures are mostly traded on the London Metal Exchange (LME), the New York Mercantile Exchange (COMEX) and the Shanghai Futures Exchange. The standard future contract size is 5 tons. Aluminum is used widely in aerospace applications, packaging, automobiles and railroad cars and as a construction material. The biggest producers of aluminum are: The Aluminum Corporation of China (Chalco), Alcoa and Alumina Ltd, Rio Tinto from Australia, UC Rusal of Russia, Xinfa from China, Norsk Hydro ASA from Norway and South 32 from Australia. China accounts for nearly 60 percent of global aluminum output. The biggest resources of bauxites, the raw material for aluminum are located in Australia, China and Guinea. The Aluminum prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our aluminum prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
3408.45 3399.45 4103.00 1022.70 1989 - 2026 USD/Tonne Daily

News Stream
Aluminum Near 2-Month Lows
Aluminum futures in the UK hovered around $3,400 per tonne, near an over two-month low, as an interim US-Iran peace deal eased supply concerns. The two nations remotely signed a memorandum of understanding to end their war and reopen the Strait of Hormuz, allowing metal exports from the Persian Gulf, which accounts for roughly 9% of global aluminum production, to resume. Still, there remains uncertainty over how quickly supply chains can recover, given as key Gulf producers are facing operational challenges following earlier Iranian attacks. Additional downside risks come from rising output in China, the world’s largest producer, and increasing supply from smelters in Indonesia. In addition, weak economic data from China has raised concerns over demand as the country is also one of the biggest consumers of the metal. Further weighing on prices, the Federal Reserve’s hawkish hold lifted the US dollar, making greenback-priced commodities expensive for foreign buyers.
2026-06-18
Aluminum Hovers Near 2-Month Lows
Aluminum futures in the UK rose toward $3,400 per tonne but remained near an over two-month low, amid easing supply risks and persistent demand concerns. The US and Iran have agreed on a framework to end their three-month conflict, with the Strait of Hormuz expected to reopen after the agreement is formally signed on June 19. The reopening of the waterway would resume metal exports from the Persian Gulf, which accounts for roughly 9% of global aluminum production. However, uncertainty remains over how quickly supply chains can normalize, particularly as key Gulf producers faced operational challenges following earlier Iranian attacks. Additional downside risks come from rising output in China, the world’s largest producer, as well as increasing supply from smelters in Indonesia. At the same time, disappointing economic data from China has raised fresh concerns about global demand, given the country is also one of the biggest consumers of the metal.
2026-06-16
Aluminum is down by 5%
Aluminum decreased 5% to 3365.9 USD/T
2026-06-15