Average price forecast for 2020 is US$ 1933.4 per tonne. The Metal price is forecasted to reach $0.4800079 by the beginning of January 2021. The rising advancements in technology are also driving the market further. 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. The report tracks the latest trends in the industry and studies their impact on […], Your email address will not be published. Food commodities also surged (5.6%), led by oils and meals (9.1%). Please consider that while TRADING ECONOMICS forecasts for Commodities are made using our best efforts, they are not investment recommendations. CRU’s Aluminium team provides in-depth market analysis, forecasts and price assessments for the global aluminium industry. Apart from China, India is witnessing an increased demand for aluminium supported by its rising construction as well as transportation sector. December 2, 2020 — Commodity prices rose sharply in November, with energy commodities up 6.4% and non-energy commodities up 4.4%. 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. 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 Aluminium futures up on spot demand | News. Your email address will not be published. Competitive Landscape & Supplier Analysis: Also Read: Impact of COVID-19 on Global Industry, Impact of COVID-19 on Global Perfume Market: Special report that analyzes the outlook for LME aluminum prices. TRADING ECONOMICS provides forecasts for Commodity prices based on its analysts expectations and proprietary global macro models. 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. price review forecast. The agency predicts aluminum prices to rise to $2,200 per metric tonne in the next 10 years. The agency predicts aluminum prices to rise to $2,200 per metric tonne in the next 10 years. Our website uses cookies to improve your online experience. World - Aluminium - Market Analysis, Forecast, Size, Trends And Insights Update: COVID-19 Impact Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Are you sure you want to delete this page? What’s more, it … Follow us on : A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Updated forecast of operating capacity changes of aluminum smelters in China from Q4 in 2019 to Q1 in 2020. Topics Aluminium Prices | aluminium production | Aluminium supplies. “We expect zinc and nickel prices to rise sharply, followed by more modest increases in nickel and aluminium prices, with lead prices lagging,” he said. 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. 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. ⭐What is going to be the Metal price in January 2021? Based on application, the market can be divided into transport, construction, electrical, packaging and foil, and consumer goods sectors, among others. Now the Metal price is $0.3554490, but by the end of 2020, the average Metal price is expected to be $0.4790466. Latest Industry News and Competitor Analysis. To conclude, we forecast that the price of aluminium will rise to $2,000 by end-2020 (from just below $1,800 currently). Global aluminium … Live price charts, forecasts, technical analysis, news, opinions, reports and discussions. 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. 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. This contrasts with the … Read More » Report. FocusEconomics panelists see prices averaging US$1,795 in … Email: sales@expertmarketresearch.com Unable to delete the page because it has shortcuts referencing it at the following locations: Please delete these shortcuts first, then delete page itself. 10 Dec, 2020, 03.16 PM. Its price is affected by several factors. The global aluminium market is dominated by the transport and the construction segments. The Metal … Your details. The countries significantly use the product for manufacturing aircraft. Aluminum is expected to again be in surplus in 2020, with demand slowing down and China increasing exports of its high domestic inventories, which has led aluminum prices … Fragile prices on the London … https://www.expertmarketresearch.com/reports/aluminium-market. Market data. 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 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. 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. Last Updated: December 17, 2020, 12:01 pm. Another forecast from the International Monetary Fund (IMF) suggests that aluminum price will rise in 2020 and 2021 to $1,824/mt and $1,908/mt correspondingly reaching $2,159/mt by 2024. 3 Dec, 2020, 05.44 PM. Official LME-Prices in US Dollar 21. Price forecasts of other critical commodities: gold | silver | copper | nickel | zinc | coal | natural gas | crude oil. The new report by Expert Market Research titled, ‘Global Aluminium Powder Market Size, Growth, Trends, Analysis, Report and Forecast 2020-2025’, gives an in-depth analysis of the global aluminium powder market, assessing the market based on its segments like technology, end uses, raw materials, and major regions. Aluminium Price: Get all information on the Price of Aluminium including News, Charts and Realtime Quotes. Instead, we expect mounting evidence of an improvement in demand, coupled with low stocks (see Chart 8), to support prices. Okay to continue 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. December 2020 E-magazine for ALUMINIUM 2021. Precious metals continued to slide (-1.5%), while base metals jumped 6.0%. CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will assist in aluminum … SMM presents a series of webinars on the non-ferrous metals market forecast in 2020. The report tracks the latest trends in the industry and studies their impact on […], The new report by Expert Market Research titled, ‘Global Ceiling Tiles Market Price, Trends, Growth, Anaysis, Report and Forecast 2020-2025’, gives an in-depth analysis of the global ceiling tiles market, assessing the market based on its segments, applications, and major regions. Are you sure you want to delete this document? The increasing use of aluminium for making aircraft is driving the market growth. 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. 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. Exhibitor recommendations for you. An executive analysis of the aluminum industry's landscape and insight into who and what is driving the market. Our aluminium market analysis focuses on supply and demand fundamentals, price dynamics and forecasts for the entire value chain, including upstream and downstream markets. https://www.expertmarketresearch.com/reports/aluminium-market/requestsample. 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. Save my name, email, and website in this browser for the next time I comment. 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. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Yes, according to our forecasts, the Metal price is going to increase. Detailed financial information on Aluminum Futures. 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. $ 1,935.28. per metric ton. 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. Nickel prices grew by 5.7 percent in February continuing a medium-term growth. 2. Commodity Markets Outlook October 22, 2020 — While metal and agricultural commodities have … 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. You can change your personal cookie settings through your internet browser settings. https://www.expertmarketresearch.com/reports/perfume-market, Impact of COVID-19 on Global Façade Market: It doesn’t become too expensive because it is plentiful and easier to extract. They also cut their forecasts for a global aluminium deficit this year to 550,000 tonnes from 868,240 tonnes in the April poll. Crude Oil Price Forecast: 2020, 2021 and Long Term to 2030. Prices updated daily. The increasing demand for aluminium in the United States and some European nations is also propelling the market growth for aluminium. The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The aluminium market is being driven by the growing demand from the end-use industries. 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. December 2020 State: NY Company Name: Expert Market Research The increasing application of aluminium in electronic and light-weight vehicles is propelling the demand growth further. Exhibitor Statements. 4. 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). Aluminum - data, forecasts, historical chart - was last updated on December of 2020. 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. 1Y. 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. Aluminum Corporation of China Limited(NYSE: ACH). They were placed on your computer when you launched this website. The Asia Pacific region and the Americas are significant regional markets in the industry. Another major producer and exporter of aluminium is Australia. ... it is expected that base metal will witness a drop in their prices in Q’2 2020. The EMR report provides the regional price analysis and global trade analysis of the market. 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. Phone: +1-415-325-5166 Global Pure Aluminium Ingot Market Report 2020 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Pure Aluminium Ingot industry. Furthermore, a sharper-than-expected downturn in global growth remains the key risk to the outlook, the analysts added. The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the major regions. The Asia Pacific region is one of the largest producers of aluminium, along with Canada, Russia, and the United Arab Emirates. Instead, we expect mounting evidence of an improvement in demand, coupled with low stocks (see Chart 8), to support prices. Primary and recycled are the major types of aluminium in the market. The current forecasts were last revised on December 22 of 2020. 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. LIVE FUTURES REPORT 21/12: LME prices retreat from 2020 highs; aluminium drops 1.4% on 30kt delivery London Dec 21, 2020 @ 10:38 IN CASE YOU MISSED IT: 5 key stories from December 18 The key insights of the report: iCrowdNewswire Nov 25, 2020 10:00 AM ET. Fragile prices on the London Metal Exchange (LME) during 2019 have already disconcerted primary producers like state-run National Aluminium Company (Nalco), … World Bank Commodities Price Forecast (nominal US dollars) Released: April 23, 2020 aktuell | flexibel | zuverlässig. Jayajit Dash | Bhubaneswar Last Updated at October 31, 2019 18:47 IST. Its joint venture with Rio Tinto is expected to further add to the growth of the aluminium market globally. Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Email this article. To conclude, we forecast that the price of aluminium will rise to $2,000 by end-2020 (from just below $1,800 currently). 3. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic. SMM Webinar Series- Aluminium market forecast in 2020. 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. 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. The increasing demand from these segments is aiding the demand growth for aluminium. Your recipients's details You can enter a maximum of 5 recipients. Aluminium prices are expected to soften by 1.7% in 2020 after an expected decline of 15.1% in calendar 2019. Required fields are marked *. Stock Market Exuberance Over COVID-19 Vaccine? As well as a five-year view, we also provide a 25-year forecast for aluminium … Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. Request a Free Sample Report With Table Of Contents: The growing transportation and automobiles industries are boosting the demand for aluminium. Dec 5,2019 18:46 CST. 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. Price Trend and Forecast. 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) Aluminium contracts for December delivery gained 35 paise, or 0.21 per cent, to … https://www.expertmarketresearch.com/reports/facade-market. The downstream industry for the product is driving the market growth in the region. The nation produces a significant volume of alumina and bauxite. The replacement of steal with aluminium sheets is providing further impetus to the market growth. 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. Aluminum Market 2020-2024: Key Highlights. Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. 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