Materials and producer prices

Global aluminum price

As of May 2026, global aluminum price stands at $3,654 USD/tonne (IMF global price via FRED), rising over the recent window.

What this measures and why it matters

  • Global aluminum price tracks what producers charge for the raw and semi-finished inputs that dominate a manufactured product's bill of materials. Quotes priced off last quarter's material cost erode margin when this index climbs, so estimators watch it to keep pricing current.
  • The figure comes from IMF global price via FRED and is reported in USD/tonne. MFG Calcs archives every published value, so the chart and table below show the full recorded history rather than a single snapshot, and they extend automatically as new data lands.

Current reading and trend

  • Latest reading: $3,654 USD/tonne for May 2026.
  • Prior period: $3,594 (Apr 2026), a rise of 59.64.
  • Compared with a year earlier, global aluminum price is up 49.3%.
  • Across the archived window the high was $3,654 in May 2026 and the low was $2,447 in May 2025.
  • The series has moved up for 3 consecutive periods.
  • 13 observations have been archived so far, and this page deepens automatically each time IMF global price via FRED publishes a new figure.

Recent observations

  • May 2026: $3,654 USD/tonne
  • Apr 2026: $3,594 USD/tonne
  • Mar 2026: $3,373 USD/tonne
  • Feb 2026: $3,065 USD/tonne
  • Jan 2026: $3,134 USD/tonne
  • Dec 2025: $2,876 USD/tonne
  • Nov 2025: $2,819 USD/tonne
  • Oct 2025: $2,793 USD/tonne
  • Sep 2025: $2,654 USD/tonne
  • Aug 2025: $2,599 USD/tonne
  • Jul 2025: $2,606 USD/tonne
  • Jun 2025: $2,526 USD/tonne
  • May 2025: $2,447 USD/tonne

Last reviewed 2026-05-12.