Aluminum Prices Rise to US$2,509 per Ton as of Friday, August 23, 2024
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The price of three-month aluminum contracts is currently rising. Based on 56,964 monitored trading transactions, the price of three-month aluminum contracts as of Friday, August 23, 2024, reached US$2,509 per ton.
Aluminum product trading is up 5.46 percent year-to-date and has increased by 0.14 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 aluminum price this year is recorded at US$2,397.31 per ton. This represents a 4.91 percent increase from the previous year's price of US$2,285.1 per ton in 2023.
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