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Aluminum Prices Rise to US$2,355 per Ton as of Tuesday, May 2, 2023
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The price of three-month aluminum contracts is currently rising. Based on trades monitored by Westmetall, the price of three-month aluminum contracts reached US$2,355 per ton on Tuesday, May 2, 2023.
Aluminum product trading is down 0.59 percent year-to-date and has fallen by 0.8 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 for the year so far (January-May 2023) is US$2,419.3 per ton. This is down 10.81 percent, or US$293.25 per ton, from the average price of 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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