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Alumina Prices

Alumina prices averaged USD 529 per metric ton in September, up 6.3% from August. On 30 September, the commodity traded at USD 550 per metric ton, up 7.1% from 30 August.

Prices extended their gains in September, as Chinese aluminium output remained around record-high levels in August, boding well for alumina demand. The deployment of stimulus policies in the country was an additional tailwind. Meanwhile, supply remained tight due to past output cuts in several Australian alumina refineries.

This chart displays Alumina (US$/mt) from 2022 to 2024.

Alumina COMEX (prices in US$/mt, aop)

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Alumina COMEX 357 349 336 334 366 427 504 -

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Price forecasts and historical data for Alumina.

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