Tuesday, May 21, 2024

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    Aluminum prices have not been higher for a decade

    World aluminum prices have risen sharply in recent quarters and are now at a ten-year high, but have not been as high since the summer months of 2011.

    Aluminum prices fell sharply last year when the epidemic of coronary heart disease broke out, as did most commodities. The average price in January last year was 1,773 US dollars and dropped to 1,460 dollars in May that year. Prices had not been so low since the financial crisis of 2008/2009. It dropped to $ 1,330 in February 2009.

    Stated in Hag-see Economics Landsbanki since May last year has sought a price of aluminum and is over 2,400 bucks these days, more than one third higher than prices in January last year, ie before the epidemic broke out.

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