Aluminum futures in the UK sank to $3,550 per tonne from the three-year high of $3,670 on April 16th, as signals of resorted vessel flows through the Strait of Hormuz improved the outlook form key suppliers in the region. Iranian authorities stated that commercial vessels are now free to navigate the chokepoint following ongoing talks with the US, improving the outlook for exports from major producers in the region. Before the start of the conflict in March, aluminum output from the UAE, Qatar, and Bahrain was responsible for around 9% of global supply. Production prospects also improved elsewhere as the pullback in energy prices from the developments are likely to improve margins for Asian and European smelters. Still, output is unlikely to immediately rebound to pre-war levels as facilities in Qatar and Bahrain faced damage, while power prices remained higher this year.

Aluminum fell to 3,557 USD/T on April 17, 2026, down 2.40% from the previous day. Over the past month, Aluminum's price has risen 4.15%, and is up 48.55% compared to the same time last year, 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 4103.00 in March of 2022. Aluminum - data, forecasts, historical chart - was last updated on April 19 of 2026.

Aluminum fell to 3,557 USD/T on April 17, 2026, down 2.40% from the previous day. Over the past month, Aluminum's price has risen 4.15%, and is up 48.55% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum is expected to trade at 3600.28 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 3775.40 in 12 months time.



Price Day Month Year Date
Coal 132.30 -1.25 -0.94% -5.06% 39.19% Apr/17
Bitumen 3,963.00 -132.00 -3.22% -15.01% 17.56% Apr/17
Cobalt 56,290.00 0 0% 0% 67.03% Apr/16
Lead 1,967.60 13.60 0.70% 2.65% 2.37% Apr/17
Aluminum 3,557.00 -87.45 -2.40% 4.15% 48.55% Apr/17
Tin 50,104.00 498 1.00% 7.23% 63.51% Apr/16
Zinc 3,436.20 10.80 0.32% 9.38% 31.78% Apr/17
Nickel 17,985.00 -310 -1.69% 4.81% 14.23% Apr/17
Molybdenum 550.00 5.00 0.92% 2.80% 21.82% Apr/17
Palladium 1,589.00 19.50 1.23% 9.93% 72.81% Apr/19
Gallium 2,125.00 0 0% 7.59% 19.72% Apr/17
Germanium 17,250.00 0 0% 9.52% 12.01% Apr/17
Manganese 34.65 0 0% 2.06% 10.88% Apr/17
Indium 4,250.00 0 0% -10.53% 57.41% Apr/17
Soda Ash 1,222.00 0 0% 0.83% -12.71% Apr/17
Neodymium 1,055,000.00 10000 0.96% 4.46% 93.58% Apr/17
Tellurium 780.00 0 0% 0.65% 5.41% Apr/17
Rhodium 10,100.00 125 1.25% -11.40% 87.04% Apr/17


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
3557.00 3644.45 4103.00 1022.70 1989 - 2026 USD/Tonne Daily

News Stream
Aluminum Pulls Back from 3-Year High
Aluminum futures in the UK sank to $3,550 per tonne from the three-year high of $3,670 on April 16th, as signals of resorted vessel flows through the Strait of Hormuz improved the outlook form key suppliers in the region. Iranian authorities stated that commercial vessels are now free to navigate the chokepoint following ongoing talks with the US, improving the outlook for exports from major producers in the region. Before the start of the conflict in March, aluminum output from the UAE, Qatar, and Bahrain was responsible for around 9% of global supply. Production prospects also improved elsewhere as the pullback in energy prices from the developments are likely to improve margins for Asian and European smelters. Still, output is unlikely to immediately rebound to pre-war levels as facilities in Qatar and Bahrain faced damage, while power prices remained higher this year.
2026-04-17
Aluminum Prices at Over 4-Year High
Aluminum futures in the UK climbed above $3,650 per tonne, the highest since March 2022, amid persistent concerns over a supply shortfall. Wood Mackenzie projects a global deficit of up to 4 million metric tons this year, underscoring a tight market. Emirates Global Aluminium, the Middle East’s largest producer, has declared force majeure on some deliveries after halting operations at its Al Taweelah smelter due to Iranian strikes. Alba, the largest single-site aluminum smelter outside China, was also hit, although the extent of the damage remains unclear. Alba had already reduced output prior to the attack, as had Qatar Aluminium amid power shortages. The Persian Gulf accounts for about 9% of global supply, serving Europe, Asia, and the US. Even before the attack, the closure of the Strait of Hormuz had already put significant strain on the region’s access to vital inputs. Meanwhile, Chinese firms have signalled readiness to step in with alternative supplies for overseas customers.
2026-04-16
Aluminum Prices Retreat from 4-Year Highs
Aluminum futures in the UK fell to below $3,600 per tonne, pulling back from a more than four-year high, as expectations of increased exports from China, the world’s largest aluminum producer, helped ease concerns over ongoing disruptions in the Persian Gulf. Chinese firms have signaled their readiness to step in with alternative supplies for overseas customers, as the war in the Middle East has constrained shipments from a region that accounts for roughly 9% of global output. Exports from the region have been significantly affected following the closure of the Strait of Hormuz in late February. The situation worsened after Iranian attacks hit two major regional smelters, with Emirates Global Aluminium, the region’s biggest producer, halting operations at its Al Taweelah plant.
2026-04-15