The Aluminum Market

The Aluminum Market

Case study

Words 900

The aluminum market is on a world scale basis around 18 million tonnes. The price of aluminum is volatile both in the spot market and on terminal contracts. In 1994 the price per ton was $1,110 in 1993 the average price was low, 1140 USD, and in 1988 the average price was 2540 USD. The aluminum market can be explained as a market where an almost continuous flow of aluminum pours into the market while the requirement for this steady flow is rather volatile due to cyclical behavior of┬áthe three main end-uses; transport, packaging, and construction. (more…)