Aluminium Prices

15-04-2026 - Over the past month, aluminium prices have risen from $3,470.33/t to $3,619.16/t, indicating a strengthening market for this raw material. This upward trend suggests potential supply constraints or increased demand. The forecast predicts a further increase to $3,683.23/t, a 1.8% rise from the current price of $3,619.16/t, highlighting a generally upward trend. However, there is an associated risk of market volatility affecting raw material prices.

The current forecast points to upward price pressure on raw materials, primarily driven by supply factors, with inventories having the most significant impact at $28.42 per ton. All data types, including demand, flows, and technical indicators, support this upward trend.

Recent analyses present a bullish outlook for the LME aluminium market, consistent with the forecast of a price increase to $3,683.23/t in the coming month. A report from Investing.com notes that LME three-month aluminium prices reached $3,571/t on April 13, 2026, marking a four-year high. This surge is attributed to supply disruptions caused by the closure of the Strait of Hormuz and damage to major smelting facilities in the Middle East. Analysts from Citi have raised their short-term LME aluminium target to $3,600/t, with a bullish scenario projecting prices up to $4,000/t. These projections align with the forecast of an upward trend in aluminium prices over the next month.