Aluminium Price Trends: Drivers of Demand & Global Outlook

Despite global economic headwinds, the price of aluminum has shown resilience this year. The LME spot price currently stands at $2,729.65 per metric ton, down 1.45% from yesterday but up 6.09% year-over-year. This follows a Q3 peak near $2,775 driven by supply tightness. Analysis of the aluminum price chart reveals a steady upward trend since early 2025 with averages hovering around $2,650. Year-to-date gains of roughly 6% reflect structural deficits outweighing temporary surpluses.