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Aluminum Price Falls to US$2,221.5 per Ton as of Wednesday, May 31, 2023

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Agus Dwi Darmawan 01/06/2023 11:03 WIB
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Three-Month Aluminum Contract Price Update
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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$2,221.5 per ton as of Wednesday, May 31, 2023.

Aluminum trading is down 6.23 percent compared to the beginning of the year and has fallen by 0.48 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 aluminum price this year is US$2,390.59 per ton. This is down 11.87 percent from the previous year's price of US$2,712.54 per ton in 2022.

"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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