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LME aluminum price trend: Historical context, 2025 market dynamics & 2026 price outlook

Source: AL Circle Dec 22, 2025 19:40

The LME aluminum price trend over the past 3 years shows a market rebounding from earlier weakness, trading within a varied price range and settling near a multi-year high by year-end. According to Westmetall's LME aluminium cash price cache, 2025 kick-started with aluminium pricing of USD 2,500s per tonne, reached USD 2,685.50 per tonne by March 20, 2025, and was around USD 2,545 per tonne on August 1, 2025, amid tightening fundamentals and sustained supply concerns. LME primary aluminium cash price is closing in the year 2025 at around USD 2,800, with expectations of further increases in the coming year.

LME aluminum prices before 2025 Before entering 2025, LME aluminum prices had already undergone a pronounced boom-and-correction cycle. According to Westmetall historical cash prices, aluminum soared to an all-time high of around USD 3984 per tonne in March 2022, driven by the aftermath of the pandemic demand rebound, Europe's energy

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