Commodity Origins

Aluminum price history, 1960 to 2026

LME cash, high grade averaged $3,251/t in August 2026, +25% over twelve months and +98% over ten years. The nominal all-time high was $3,666/t in May 2026; in 2024 dollars the real peak was $9,512/t in June 1988. Monthly averages, World Bank Pink Sheet.

Aluminum monthly prices, $/t, Jan 1960 to Aug 2026Line chart of aluminum monthly prices in $/t from Jan 1960 to Aug 2026: LME cash, high grade from 511 to 3,251, peaking at 3,666.01,0002,0003,0004,00019601965197019751980198519901995200020052010201520202025$/t
LME cash, high grade
Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
LME cash, high grade
$/t, since 1960
3,251
August 2026
+3%+25%+25%+98%+32%3,666
May 2026
9,512
June 1988

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-09-02, fetched 6 September 2026 (CC BY 4.0).

Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how aluminum is priced.

Monthly aluminum prices by decade

Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.

LME cash, high grade ($/t)

LME cash, high grade monthly prices, 2020s, $/t
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20201,7731,6881,6111,4601,4661,5691,6441,7371,7441,8061,9352,0151,704
20212,0042,0792,1902,3192,4342,4472,4982,6032,8352,9342,6362,6962,473
20223,0063,2463,4983,2442,8302,5632,4082,4312,2252,2562,3512,4022,705
20232,5022,4162,2962,3432,2692,1852,1602,1372,1852,1922,2022,1822,256
20242,1932,1792,2262,5062,5652,4982,3492,3442,4502,5962,5822,5412,419
20252,5732,6582,6582,3722,4492,5262,6062,5972,6532,7932,8192,8762,632
20263,1423,0653,3733,6003,6663,4393,1613,2513,337

Method

Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.

Downloads

Cite as: Commodity Origins, "Aluminum price history (1960–2026)", https://commodityorigins.com/prices/aluminum/, data 2026-09-02. Data updated 6 September 2026.