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Aluminium
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3230.000
-17.400-0.54%
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Today
-0.54%
5 Days
-1.76%
1 Month
-0.39%
6 Months
-5.55%
Year to Date
+7.95%
1 Year
+19.66%
Key Data Points
Opening Price
3237.900Previous Closing Price
3247.400Aluminium (ALUMINIUM) Is down by 2.02% on Jul 10: Is the Demand Outlook Changing?
• Weak Chinese manufacturing data and cooling industrial demand are pressuring aluminum prices downward. • Significant inventory inflows into LME warehouses indicate a shift toward surplus market conditions. • A stronger US dollar and lower energy production costs further suppress aluminum market valuations.
TradingKeyFri, Jul 10
Aluminium (ALUMINIUM) Is down 2.06% on Jun 24: Is the Market Repricing It?
• Aluminium prices dropped toward three-month lows following eased Middle East supply concerns. • Potential normalization of Persian Gulf trade could restore 700,000 tonnes of global supply. • A stronger U.S. dollar and restrictive monetary policy contributed to the price decline.
TradingKeyWed, Jun 24
Aluminium Technical Analysis
Technical Indicators
Sell
Summary
Sell
Moving Average
Strong sell
More Details of Aluminium
Aluminum is an important industrial metal known for being lightweight, corrosion-resistant, electrically conductive, and easy to process. It is widely used in construction, automobiles, aerospace, packaging, and power industries. Aluminum prices are mainly influenced by global economic growth, manufacturing demand, alumina and electricity costs, inventory levels, production capacity policies, and the international trade environment. As aluminum smelting is highly energy-intensive, changes in energy prices can also affect production costs and market supply. Investors typically follow the aluminum market through aluminum futures, related company stocks, or funds.
What is the price of Aluminium today?
The current price of Aluminium is 3230.00. Market data may be delayed, so please refer to the update time displayed on the page.
What is the trading range of Aluminium futures today?
The intraday low for Aluminium futures is 3220.70, while the intraday high is 3262.50. The trading range for today is 3220.70 to 3262.50.
What is the 52-week price range of Aluminium futures?
Over the past 52 weeks, the lowest price of Aluminium futures was 2625.30, while the highest price was 3787.40. Historical price ranges reflect past performance only and do not indicate future trends.
Why does Aluminium rise or fall?
The price of Aluminium may rise when market demand increases, supply tightens, or inventories decline. It may fall when demand weakens, supply increases, or inventories rise. Macroeconomic conditions, the U.S. dollar, interest rates, weather, policy changes, and unexpected events may also drive short-term price fluctuations.
What determines the price of Aluminium?
The price of Aluminium is primarily determined by supply and demand in the relevant market and may also be based on quotations from exchanges, market makers, or market data providers. The quoted currency, trading hours, product type, contract maturity, delivery terms, and market liquidity may also affect the price displayed on the page.
How can I analyze Aluminium price trends?
When analyzing the price of Aluminium, investors may consider charts across different timeframes, opening prices, highs and lows, support and resistance levels, as well as technical indicators such as moving averages, RSI, and MACD. Market supply and demand, inventories, production costs, macroeconomic conditions, policy developments, and changes in related industries should also be considered.
Are Aluminium price forecasts reliable?
Price forecasts are generally based on historical trends, technical indicators, market supply and demand, and macroeconomic data, but they cannot accurately predict future prices. Unexpected policy changes, geopolitical events, supply disruptions, and shifts in market sentiment may cause forecasts to become inaccurate. Therefore, forecasts should be used for reference only.
Can I invest directly in Aluminium?
No. Aluminium itself is an index and cannot be invested in directly. Investors typically gain price exposure through related spot products, futures, ETFs, CFDs, or shares of companies within the relevant industry chain. Costs, liquidity, leverage, and risks vary across these instruments, so investors should carefully consider market conditions and their own risk tolerance before making a decision.
