Aluminum Price in 1991
In 1991, the price of aluminum averaged $1,302 per tonne, down 20.6% from the year before. This page covers the 1991 average, high, low, and year-end close, the events that moved the market, and what that aluminum would be worth in today's dollars.
1991 Average
$1,302
LME annual average, USD/tonne
Change vs 1990
-20.6%
from $1,639 in 1990
What happened to the aluminum price in 1991
Aluminum averaged $1,302 per tonne in 1991, sliding 20.6% from the $1,639 average of 1990.
The 1990s were mostly weak, with post-Soviet metal flooding the market and the 1997-98 Asian financial crisis capping demand; aluminum spent the decade largely between $1,250 and $1,800.
Adjusted for inflation, aluminum's 1991 average of $1,302 equals about $3,081 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of aluminum in 1991?
What is a 1991 aluminum price worth in today's dollars?
Annual averages are World Bank and LME aluminum prices per tonne in US dollars (LME cash and settlement basis). Values before the LME aluminium contract launched in October 1978 are producer and list-price proxies, and the 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.