Aluminium price edges up to USD 2,681.95/t โ€“ 01 October 2025

Industrial aluminium inventory management

According to TradingEconomics, aluminiumโ€™s price recorded a modest increase of 0.10% on Sept 30, 2025.
๐Ÿ‘‰ Source: TradingEconomics

Aluminum futures fell to around $2,650 per tonne, retreating from a six-month high reached on September 16, amid weakening demand. In North America (the US and Canada), aluminum demand fell by 4.4% year-on-year in H1 2025, partly due to a sharp decline in exports amid tariff pressures. However, the downside for aluminum prices remained limited due to persistent threats to supply. Chinese output is expected to slow due to the countryโ€™s annual limit of 45 million tons, capping supply growth from the worldโ€™s largest producer. In April, Chinese production hit 44 million tons, with capacity estimated at 45.69 million tons in June. In addition, Guinea Alumina lost all of its mining licenses after the countryโ€™s military-led government transferred all leases to a newly created state-run company, potentially halting ore production that feeds major producer Emirates Global Aluminum.

https://tradingeconomics.com/commodity/aluminum