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Aluminum Price Falls to US$2,242.5 per Ton on Tuesday, May 16, 2023
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The price of three-month aluminum contracts is currently declining. Based on trades monitored by Westmetall, the price of three-month aluminum contracts reached US$2,242.5 per ton on Tuesday, May 16, 2023.
Aluminum trading is down 5.34 percent year-to-date and has fallen 0.69 percent year-on-year. The highest price for this commodity in 2023 was US$2,662 per ton, reached on January 18, 2023.
The average price so far this year (January-May 2023) is US$2,405.84 per ton. This is down 11.31 percent, or US$306.71 per ton, compared to the average price for the previous year.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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