Aluminum Price Falls to US$2342.5 per Ton on Friday, August 16, 2024
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The price of three-month aluminum contracts is currently declining. Based on 56,964 monitored trading transactions, the price of three-month aluminum contracts as of Friday, August 16, 2024, reached US$2,342.5 per ton.
Aluminum product trading is down 1.53 percent year-to-date and has increased by 0.09 percent year-on-year. The highest price for this commodity in 2024 was US$2,741 per ton, reached on May 29, 2024.
The average price this year is US$2,395 per ton for the January-August 2024 period. This is a 4.81 percent increase, or US$109.9 per ton, compared to 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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