The aluminium market is being driven by the growing demand from the end-use industries. Jayajit Dash | Bhubaneswar Last Updated at October 31, 2019 18:47 IST. According to a new report by EMR titled, ‘Global Aluminium Market Report and Forecast 2020-2025, the global aluminium consumption reached a volume of 68.6 million metric tons in 2019. iCrowdNewswire Nov 25, 2020 10:00 AM ET. The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the major regions. $ 1,935.28. per metric ton. Our aluminium market analysis focuses on supply and demand fundamentals, price dynamics and forecasts for the entire value chain, including upstream and downstream markets. World primary aluminium production fell in September to 5.163 million tonnes, down 2.6% year-on-year and 3.12% on the month, according to the latest data from the International Aluminium Institute (IAI). SMM Webinar Series- Aluminium market forecast in 2020. As well as a five-year view, we also provide a 25-year forecast for aluminium … How the importing of bauxite and alumina will make a difference in alumina production cost and profitability in China? According to a new report by EMR titled, 'Aluminium Market Report, Size, Share, Price Trends, Outlook 2021-2026', the aluminium market consumption is expected to grow at a CAGR of around 3.63% in the forecast period of 2021-2026 to reach a volume of approximately 85 million metric tons by 2026. Unable to delete the page because it has shortcuts referencing it at the following locations: Please delete these shortcuts first, then delete page itself. Price History of Aluminum Aluminum tubes. Use ; to separate email addresses. more. https://www.expertmarketresearch.com/reports/aluminium-market/requestsample. City: New York City Aluminium contracts for December delivery gained 35 paise, or 0.21 per cent, to … Aluminium Price Forecasts The only publication of its kind, Energy & Metals Consensus Forecasts™ is the result of a comprehensive monthly survey of over 40 of the world’s most prominent commodity forecasters covering over 30 individual commodity price forecasts (list below, right), including aluminium. A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. https://www.expertmarketresearch.com/reports/aluminium-market. Aluminum price is expected to decrease to $1,760 per metric tonne in 2020 from an average of $1,790/mt in 2019 and rebound to $1,800/mt in 2021 as projected by the World Bank. Furthermore, a sharper-than-expected downturn in global growth remains the key risk to the outlook, the analysts added. Aluminum prices trading at LME have remained under selling pressure and fell by 6.3 percent in July 2018 and averaged to settle at $2099/MT. 4. 3. Legatum Prosperity Index 2020: Prosperity in Lockdown, Yuvoh Analytics | Airbnb Property Prices and Domestic Tourism in Europe. Country: United States SHANGHAI, Nov 29 (SMM) – With 2019 drawing to a close, SMM presents a series of webinars on the non-ferrous metals market forecast in 2020. The EMR report provides the regional price analysis and global trade analysis of the market. Competitive Landscape & Supplier Analysis: Imerys (EPA: NK) Carmeuse Mitsubishi Materials Corporation (TYO: 5711) Others Get a Free Sample Report with Table […], The new report by Expert Market Research titled, ‘Global Flooring Market Price, Growth, Analysis, Outlook, Report and Forecast 2020-2025’, gives an in-depth analysis of the global flooring market, assessing the market based on its segments like types, applications, and major regions. The growing transportation and automobiles industries are boosting the demand for aluminium. 21 December 2020 Alice Mason LIVE FUTURES REPORT 21/12: LME prices retreat from 2020 highs; aluminium drops 1.4% on 30kt delivery Global aluminium … Aluminium futures up on spot demand | News. Base metals prices on the London Metal Exchange were down across the board at the close on Monday December 21 amid broad-based profit-taking. Search and explore the world’s largest statistical database to find data. Forecast of operating capacity changes of alumina refineries in China from Q4 in 2019 to Q1 in 2020. Save my name, email, and website in this browser for the next time I comment. Exhibitor recommendations for you. Your recipients's details You can enter a maximum of 5 recipients. Based on application, the market can be divided into transport, construction, electrical, packaging and foil, and consumer goods sectors, among others. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic. Updated forecast of operating capacity changes of aluminum smelters in China from Q4 in 2019 to Q1 in 2020. In May 2018, Alcoa Corporation (NYSE: AA) and Rio Tinto (NYSE: RIO), major players in the aluminium market, joined hands for a venture called Elysis, where they will undertake the first ever carbon-free aluminium smelting process. Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market weighed on aluminium prices in the futures trade. FocusEconomics panelists see prices averaging US$1,795 in … Last Updated: December 17, 2020, 12:01 pm. For their forecasts, both World Bank and the IMF use London Metal Exchange (LME) settlement prices for high-grade unalloyed primary ingots of 99.7% purity. Official LME-Prices in US Dollar 21. The increasing application of aluminium in electronic and light-weight vehicles is propelling the demand growth further. The replacement of steal with aluminium sheets is providing further impetus to the market growth. Its price is affected by several factors. Yes, according to our forecasts, the Metal price is going to increase. This contrasts with the consensus, which expects prices to drift sideways. Address: 138 Duane Street Since February 2016, when the price of nickel reached a 13-year low,... Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. The downstream industry for the product is driving the market growth in the region. Instead, we expect mounting evidence of an improvement in demand, coupled with low stocks (see Chart 8), to support prices. Are you sure you want to delete this document? In 2021, Sanchez forecasts zinc to trade at US$2,628 per tonne, up 17% from an average of US$2,246 per tonne in 2020, with nickel rising to US$15,557 per tonne, an increase of 14.5% from an average of US$13,582 per tonne in 2020. Precious metals continued to slide (-1.5%), while base metals jumped 6.0%. This page presents forecasts of prices of various commodities: energy, food, agricultural raw materials, grains, fertilizers, metals including steel,... Coal Price Forecasts: Long Term, 2021 to 2030 | Data and Charts. The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. ... it is expected that base metal will witness a drop in their prices in Q’2 2020. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. It’s called aluminum by the Americans and aluminium by the British, but everyone agrees that it’s the third most abundant element in the world next to oxygen and silicon. Your email address will not be published. Food commodities also surged (5.6%), led by oils and meals (9.1%). The agency predicts aluminum prices to rise to $2,200 per metric tonne in the next 10 years. 3 Dec, 2020, 05.44 PM. The Metal price is forecasted to reach $0.4800079 by the beginning of January 2021. The agency predicts aluminum prices to rise to $2,200 per metric tonne in the next 10 years. The Asia Pacific region and the Americas are significant regional markets in the industry. Monthly prices for sugar in the United States, Europe and worldwide 2014-2020 Monthly prices for Japanese liquefied natural gas from January 2014 to October 2020 Price of copper in China 2011-2013 Are you sure you want to delete this page? 10 Dec, 2020, 03.16 PM. Primary and recycled are the major types of aluminium in the market. E-mobility, automation, additive manufacturing - the Kick-Off Edition of the ALUMINIUM trade fair newspaper reveals where the international aluminium industry is heading. What’s more, it … The nation produces a significant volume of alumina and bauxite. Prices updated daily. LME aluminium cash price, $/tonne 2019 forecast average price $1,786 2020 forecast average price $1,763. 1Y. Identifies the most relevant price drivers, includes different views circulating in the market, and provides detailed monthly, quarterly and annual LME aluminum price forecasts, by the most accurate analysts, for up … ⭐What is going to be the Metal price in January 2021? The consumption is likely to increase at a CAGR of 3.63% in the forecast period of 2020-2025 to reach a volume of approximately 85 million metric tons by 2025. December 2, 2020 — Commodity prices rose sharply in November, with energy commodities up 6.4% and non-energy commodities up 4.4%. The current forecasts were last revised on December 22 of 2020. LME Aluminium can be traded on LMEselect from 01.00 - 19.00 London time, 24 hours a day on the inter-office telephone market and during the below times on the Ring: Ring trading time - First session (UK) Follow us on : A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. Stock Market Exuberance Over COVID-19 Vaccine? Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. Now the Metal price is $0.3554490, but by the end of 2020, the average Metal price is expected to be $0.4790466. 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Required fields are marked *. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. Apart from China, India is witnessing an increased demand for aluminium supported by its rising construction as well as transportation sector. 2018 LME 3 month price: 2189/t 2017 LME 3 month price: 1980/t 2016 LME 3 month price: 1610/t $/t Cumulative Production, ‘000 Tonnes. Detailed financial information on Aluminum Futures. Its joint venture with Rio Tinto is expected to further add to the growth of the aluminium market globally. Brent crude oil prices will average $41.42 per barrel in 2020 and $49.53 per barrel in 2021 according to the most recent forecast from the US Energy... Commodity Price Forecasts 2020-2030 | Data and Charts. Browse Full Report with TOC & List of Figure: https://www.expertmarketresearch.com/reports/perfume-market, Impact of COVID-19 on Global Façade Market: Aluminum is expected to trade at 1991.24 USD/Tonne by the end of this quarter, according to Trading Economics global macro models and analysts expectations. The sample report shall be delivered to you within 24 hours. Price forecasts of other critical commodities: gold | silver | copper | nickel | zinc | coal | natural gas | crude oil. We also provide state-of-the-art procurement intelligence through our platform, www.procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking. December 2020 E-magazine for ALUMINIUM 2021. Aluminum price is expected to decrease to $1,760 per metric tonne in 2020 from an average of $1,790/mt in 2019 and rebound to $1,800/mt in 2021 as projected by the World Bank. At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture. The increasing demand from these segments is aiding the demand growth for aluminium. Aluminum Market 2020-2024: Key Highlights. The countries significantly use the product for manufacturing aircraft. Aluminium Price: Get all information on the Price of Aluminium including News, Charts and Realtime Quotes. The report tracks the latest trends in the industry and studies their impact on […], Your email address will not be published. An investment of nearly USD 188 million (CAD) has been put into the project by Alcoa, Rio Tinto, the Government of Canada, the Government of Quebec, and Apple.Alcoa, a United States-based company, is one of the largest producers of aluminium and aluminium products in the world. World Bank Commodities Price Forecast (nominal US dollars) Released: April 23, 2020 https://www.expertmarketresearch.com/reports/facade-market. Special report that analyzes the outlook for LME aluminum prices. Production amounted to 47.549 million tonnes in the first nine months of 2019, dropping 0.99% from 48.023 million tonnes in the first nine months of 2018. The only change that we have made to our demand outlook in the past month is to our China estimate, where we now anticipate an increase of 2.1% in 2020, from a contraction of 0.8% previously. This contrasts with the … The rising advancements in technology are also driving the market further. Please consider that while TRADING ECONOMICS forecasts for Commodities are made using our best efforts, they are not investment recommendations. Daily Aluminum Price. The global market size of Pure Aluminium Ingot is $XX million in 2019 with XX CAGR from 2015 to 2019, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2020 to 2025. Read More » Report. Website: www.expertmarketresearch.com, According to a new report by Expert Market Research, ‘Global Limestone Market Report and Forecast 2020-2025’, the limestone market is further expected to grow at a CAGR of 4.7% over the forecast period of 2020-2025. Because of the more efficient way of producing this metal, the price of the metal dropped relative to gold soon thereafter. Exhibitor Statements. Fragile prices on the London … Topics Aluminium Prices | aluminium production | Aluminium supplies. Phone: +1-415-325-5166 Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. In 2020, coal prices dropped to the lowest level since 2016 as coronavirus lockdowns undermined demand, but the EIA, IMF, and World Bank all expect a... Nickel Prices Forecast: Long Term 2018 to 2030 | Data and Charts. We identify the most relevant market trends to expect, while also providing detailed forecasts for price, demand, supply, production costs and market balance, per country, for up to 5 years. Average price forecast for 2020 is US$ 1933.4 per tonne. Conversion Aluminium Price Price; 1 Ton = 1,000 Kilograms Aluminium Price Per 1 Kilogram 2.03 USD China is the leading producer within the Asia Pacific region as well as a significant consumer of aluminium. Nickel prices grew by 5.7 percent in February continuing a medium-term growth. According to a new report by EMR titled, ‘ Global Aluminium Market Report and Forecast 2020-2025, the global aluminium consumption reached a volume of 68.6 million metric tons in 2019. The increasing use of aluminium for making aircraft is driving the market growth. 2. The key insights of the report: Our website uses cookies to improve your online experience. December 2020 Company Name: Expert Market Research Aluminium futures ease on low demand | News. price review forecast. They were placed on your computer when you launched this website. Another major producer and exporter of aluminium is Australia. October 22, 2020 — While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic and are expected to make modest gains in 2021, energy prices, despite some recovery, are expected to stabilize below pre-pandemic levels next year, the World Bank said. In the Middle East, primary aluminium production increased by 4.35% year-on-yea… CRU’s Aluminium team provides in-depth market analysis, forecasts and price assessments for the global aluminium industry. An executive analysis of the aluminum industry's landscape and insight into who and what is driving the market. Latest Industry News and Competitor Analysis. TRADING ECONOMICS provides forecasts for Commodity prices based on its analysts expectations and proprietary global macro models. Live price charts, forecasts, technical analysis, news, opinions, reports and discussions. The increasing demand for aluminium in the United States and some European nations is also propelling the market growth for aluminium. To conclude, we forecast that the price of aluminium will rise to $2,000 by end-2020 (from just below $1,800 currently). Email: sales@expertmarketresearch.com The consumption is likely to increase at a CAGR of 3.63% in the forecast period of 2020-2025 to reach a volume of approximately 85 million metric tons by 2025. The Metal … Agenda 7 Raw materials and impacts on aluminium smelting industry Aluminium market outlook End market drivers; construction, industry and automotive China macro trends to focus on Section 232 and impact LME and premiums forecast Conclusions. And visualizations on trending industry, political, and socioeconomic topics from Knoema s... Non-Ferrous metals market forecast in 2020 aluminum Corporation of China Limited ( NYSE ACH... Prices in calendar 2020 is likely to rattle domestic producers, with energy commodities up 4.4 % at.. ) and forecast will exhaustively reflect the effects of this emerging pandemic downstream industry for the periods ( ). The agency predicts aluminum prices to drift sideways it is expected that Metal... 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