Alumina prices averaged USD 305 per metric ton in March, down 0.7% from February. On 31 March, the commodity traded at USD 319 per metric ton, up 4.2% from 27 February.
Alumina prices edged lower in March from the previous month, reflecting softer market conditions. Demand for alumina and its raw material, bauxite, has likely been constrained by conflict in the Middle East, including Iranian attacks targeting aluminum smelting facilities in the Gulf region.
This chart displays Alumina (US$/mt) from 2024 to 2026.
Alumina COMEX (prices in US$/mt, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alumina COMEX | - | - | - | - | - | 427 | 504 | 695 | 534 | 355 | 358 | 316 |