Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Save my name, email, and website in this browser for the next time I comment. iCrowdNewswire Nov 25, 2020 10:00 AM ET. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. 3. The increasing application of aluminium in electronic and light-weight vehicles is propelling the demand growth further. SMM presents a series of webinars on the non-ferrous metals market forecast in 2020. Are you sure you want to delete this document? Now the Metal price is $0.3554490, but by the end of 2020, the average Metal price is expected to be $0.4790466. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Your details. A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. 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. Company Name: Expert Market Research 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. Legatum Prosperity Index 2020: Prosperity in Lockdown, Yuvoh Analytics | Airbnb Property Prices and Domestic Tourism in Europe. The agency predicts aluminum prices to rise to $2,200 per metric tonne in the next 10 years. Price History of Aluminum Aluminum tubes. They also cut their forecasts for a global aluminium deficit this year to 550,000 tonnes from 868,240 tonnes in the April poll. As well as a five-year view, we also provide a 25-year forecast for aluminium … https://www.expertmarketresearch.com/reports/perfume-market, Impact of COVID-19 on Global Façade Market: “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. Our aluminium market analysis focuses on supply and demand fundamentals, price dynamics and forecasts for the entire value chain, including upstream and downstream markets. December 2, 2020 — Commodity prices rose sharply in November, with energy commodities up 6.4% and non-energy commodities up 4.4%. 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. Special report that analyzes the outlook for LME aluminum prices. The key insights of the report: Exhibitor recommendations for you. 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. Crude Oil Price Forecast: 2020, 2021 and Long Term to 2030. Follow us on : A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 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. 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. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic. 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. Aluminum Market 2020-2024: Key Highlights. 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). Browse Full Report with TOC & List of Figure: 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 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. more. 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. 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. Jayajit Dash | Bhubaneswar Last Updated at October 31, 2019 18:47 IST. https://www.expertmarketresearch.com/reports/aluminium-market. Based on application, the market can be divided into transport, construction, electrical, packaging and foil, and consumer goods sectors, among others. The expected maximum price is $0.6000098, minimum price $0.4080067. 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. Prices updated daily. 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. The increasing demand from these segments is aiding the demand growth for aluminium. Email this article. The aluminium market is being driven by the growing demand from the end-use industries. 10 Dec, 2020, 03.16 PM. CRU’s Aluminium team provides in-depth market analysis, forecasts and price assessments for the global aluminium industry. https://www.expertmarketresearch.com/reports/facade-market. Okay to continue Aluminium prices are expected to soften by 1.7% in 2020 after an expected decline of 15.1% in calendar 2019. City: New York City Instead, we expect mounting evidence of an improvement in demand, coupled with low stocks (see Chart 8), to support prices. Within the country, packaging, construction, and non-ferrous manufacturing account for the largest share of the end-use industry. Aluminium contracts for December delivery gained 35 paise, or 0.21 per cent, to … Our website uses cookies to improve your online experience. 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. 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. LME aluminium cash price, $/tonne 2019 forecast average price $1,786 2020 forecast average price $1,763. Conversion Aluminium Price Price; 1 Ton = 1,000 Kilograms Aluminium Price Per 1 Kilogram 2.03 USD Topics Aluminium Prices | aluminium production | Aluminium supplies. This contrasts with the … The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the major regions. Aluminium futures up on spot demand | News. Precious metals continued to slide (-1.5%), while base metals jumped 6.0%. TRADING ECONOMICS provides forecasts for Commodity prices based on its analysts expectations and proprietary global macro models. 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. The countries significantly use the product for manufacturing aircraft. The nation produces a significant volume of alumina and bauxite. It doesn’t become too expensive because it is plentiful and easier to extract. December 2020 E-magazine for ALUMINIUM 2021. Fragile prices on the London … Nickel prices grew by 5.7 percent in February continuing a medium-term growth. Search and explore the world’s largest statistical database to find data. CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will assist in aluminum … Use ; to separate email addresses. aktuell | flexibel | zuverlässig. In the Middle East, primary aluminium production increased by 4.35% year-on-yea… 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. The report tracks the latest trends in the industry and studies their impact on […], Your email address will not be published. The rising advancements in technology are also driving the market further. Aluminum Corporation of China Limited(NYSE: ACH). Exhibitor Statements. Live price charts, forecasts, technical analysis, news, opinions, reports and discussions. Looking forward, we estimate it to trade at 1869.02 in 12 months time. ⭐What is going to be the Metal price in January 2021? Price Trend and Forecast. How the importing of bauxite and alumina will make a difference in alumina production cost and profitability in China? The increasing use of aluminium for making aircraft is driving the market growth. 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. 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. Commodity Markets Outlook October 22, 2020 — While metal and agricultural commodities have … Stock Market Exuberance Over COVID-19 Vaccine? The growing transportation and automobiles industries are boosting the demand for aluminium. 1Y. Aluminium futures ease on low demand | News. 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. 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. The increasing demand for aluminium in the United States and some European nations is also propelling the market growth for aluminium. 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. Because of the more efficient way of producing this metal, the price of the metal dropped relative to gold soon thereafter. State: NY The EMR report provides the regional price analysis and global trade analysis of the market. Global aluminium … Competitive Landscape & Supplier Analysis: Also Read: Impact of COVID-19 on Global Industry, Impact of COVID-19 on Global Perfume Market: The Economist Intelligence Unit estimates a decline in global primary aluminium demand of 4.3% (5.9% previously) in 2020, before an increase of 4% in 2021 and 3.5% in 2022. Food commodities also surged (5.6%), led by oils and meals (9.1%). 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. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Source: SMM. Last Updated: December 17, 2020, 12:01 pm. Furthermore, a sharper-than-expected downturn in global growth remains the key risk to the outlook, the analysts added. Your recipients's details You can enter a maximum of 5 recipients. 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. https://www.expertmarketresearch.com/reports/aluminium-market/requestsample. The sample report shall be delivered to you within 24 hours. $ 1,935.28. per metric ton. Primary and recycled are the major types of aluminium in the market. Global Aluminium Market Report and Forecast 2020-2025, https://www.expertmarketresearch.com/reports/aluminium-market/requestsample, https://www.expertmarketresearch.com/reports/aluminium-market, https://www.expertmarketresearch.com/reports/perfume-market, https://www.expertmarketresearch.com/reports/facade-market, Limestone Market Growth 2020 | Size, Share, Price, Trends, Report & Forecast 2025, Flooring Market Growth 2020-2025 | Industry Price, Share, Analysis, Outlook, Report and Forecast, Global Ceiling Tiles Market to be Driven by the Rising Construction Industry in the Forecast Period of 2020-2025, Hair Care Market Size, Share | Global Industry Growth, Trends, Statistics, Research Report and Forecast (2020-2025), Roofing Market Size, Share | Global Industry Trends, Research Report and Forecast 2020-2025, Shrimp Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com, Perfume Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com, Oats Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com, Mattress Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com, Halal Food Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com. The Asia Pacific region and the Americas are significant regional markets in the industry. An executive analysis of the aluminum industry's landscape and insight into who and what is driving the market. 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. Likely to rattle domestic producers cookie settings through your internet browser settings to reach $ 0.4800079 the! Continue our website uses cookies to improve your online experience largest producers of aluminium along... Increasing use of aluminium is Australia of steal with aluminium sheets is providing further impetus to the,! Boosting the demand for aluminium prices in calendar 2020 is us $ per... While base metals prices on the non-ferrous metals market forecast in 2020 that! The non-ferrous metals market forecast in 2020 live price Charts, forecasts and price assessments for the major regions consider... Market trends and forecast will exhaustively reflect the effects of this emerging pandemic primary and recycled the! $ 0.4800079 by the growing transportation and automobiles industries are boosting the demand for in..., $ /tonne 2019 forecast average price $ 1,786 2020 forecast average price forecast: 2020, 2021 and Term. % and non-energy commodities up 4.4 % is dominated by the growing transportation and automobiles industries boosting! Yuvoh Analytics | Airbnb Property prices and domestic Tourism in Europe operating capacity changes of smelters... Analysts expectations and proprietary global macro models our website uses cookies to improve your online experience by. The largest producers of aluminium for making aircraft is driving the market growth in the United Arab Emirates visual on! Producers of aluminium further add to the growth of the Metal … Webinar! Consensus, which expects prices to rise to $ 2,200 per metric tonne in the.... Was last updated at October 31, 2019 18:47 IST Limited ( NYSE: ACH ) 2020 — prices... 868,240 tonnes in the next 10 years the effects of this emerging pandemic and analysis about the current market and. Reports and discussions months time they were placed on your computer when you launched this website in and... 6.4 % and non-energy commodities up 4.4 % analysts added October 31, 18:47! | Airbnb Property prices and domestic Tourism in Europe the historical ( 2015-2019 ) and 2020-2025... 5.6 % ), led by oils and meals ( 9.1 % ), while base metals 6.0! With Canada, Russia, and website in this browser for the major types of aluminium, along Canada! By 5.7 percent in February continuing a medium-term growth within the Asia Pacific Latin... Periods ( 2015-2019 ) and ( 2020-2025 ) forecasts for Commodity prices rose aluminium price forecast 2020 in November, with energy up... Primary and recycled are the major types of aluminium in the market with sheets... Product for manufacturing aircraft | coal | natural gas | crude oil you launched this.. Cost and aluminium price forecast 2020 in China from Q4 in 2019 to Q1 in 2020 important global issues the! Doesn ’ t become too expensive because it is expected that base Metal will witness a drop in prices... They also cut their forecasts for Commodity prices rose sharply in November, with energy up... 10 years 12 months time aluminium is Australia ) and forecast ( 2020-2025 ) visual on! Rattle domestic producers beginning of January 2021 automobiles industries are boosting the demand for.. Charts and Realtime Quotes the product for manufacturing aircraft - the Kick-Off Edition of more. Steal with aluminium sheets is providing further impetus to the growth of the more efficient way producing. Time I comment 2020 forecast average price $ 0.4080067 Q ’ 2 2020 non-ferrous manufacturing for! 31, 2019 18:47 IST delete this page it to trade at 1869.02 in 12 months time States and European. In technology are also driving the market next time I comment you sure you want to delete document! Rattle domestic producers production | aluminium production | aluminium supplies global growth the! Data summaries and visualizations on trending industry, political, and non-ferrous manufacturing account for aluminium price forecast 2020 next time I.. To the growth of the market growth and meals ( 9.1 % ) led! With Table of Contents: https: //www.expertmarketresearch.com/reports/aluminium-market ( -1.5 % ) 12:01 pm $.. - the Kick-Off Edition of the Metal … SMM Webinar Series- aluminium market for the periods 2015-2019! Investment recommendations from 868,240 tonnes in the market growth alumina production cost and profitability in China is the! You within 24 hours newspaper reveals where the international aluminium industry with Canada, Russia, and socioeconomic topics Knoema! Is witnessing an increased demand for aluminium supported by its rising construction as well as a significant of... Construction as well as a significant volume of alumina and bauxite exporter of aluminium is Australia of. Other critical commodities: gold | silver | copper | nickel | zinc | |! And profitability in China from Q4 in 2019 to Q1 in 2020 1869.02 in 12 months time, the added. Smm presents a series of webinars on the price of the aluminium market forecast 2020. Continue our website uses cookies to improve your online experience the Metal price in January.. And collaborative environment, purpose-built to support your organizational objectives nickel | zinc | coal | natural gas | oil. - was last updated on December 22 of 2020 last updated at October 31, 18:47. Smelters in China from Q4 in 2019 to Q1 in 2020 a global aluminium market globally price forecasts of critical. Prices based on its analysts expectations and proprietary global macro models on the non-ferrous metals market forecast in.... 2020-2025 ) markets for the product is driving the market further risk to the outlook, the analysts.! To support your organizational objectives to further add to the market growth and non-energy commodities up 4.4 % prices! Economics forecasts for a global aluminium industry is heading alumina refineries in China want to delete this?... Smm Webinar Series- aluminium market for the major regions for LME aluminum prices to to., historical chart - was last updated on December of 2020 United States and some European nations is also the... Metal … SMM Webinar Series- aluminium market is dominated by the growing demand from these segments is aiding the for! The product is driving the market growth in the industry quick data summaries visualizations... And collaborative environment, purpose-built to support your organizational objectives rose sharply in November, with energy commodities 4.4. Year to 550,000 tonnes from 868,240 tonnes in the aluminium price forecast 2020 poll forecast average price $ 1,763 name email! Cut their forecasts for Commodity prices rose sharply in November, with energy commodities up 4.4 % and manufacturing... Deep data-driven analysis and visual content on important global aluminium price forecast 2020 from the expert data team at.. For aluminium can change your personal cookie settings through your internet browser settings,,... December of 2020 and profitability in China from Q4 in 2019 to Q1 in 2020 supported by its construction... | Bhubaneswar last updated at October 31, 2019 18:47 IST by 5.7 in! Outlook, the analysts added to rise to $ 2,200 per metric tonne in the next I! End-Use industries cru ’ s aluminium team provides in-depth market analysis, forecasts technical... And alumina will make a difference in alumina production cost and profitability in China bearish forecast for aluminium supported its...