Aluminum Price in 2019
In 2019, the price of aluminum averaged $1,794 per tonne, down 14.9% from the year before. This page covers the 2019 average, high, low, and year-end close, the events that moved the market, and what that aluminum would be worth in today's dollars.
2019 Average
$1,794
LME annual average, USD/tonne
Change vs 2018
-14.9%
from $2,108 in 2018
2019 High
$2,333
from daily trading data
2019 Low
$1,714
from daily trading data
Year-End Close
$1,837
last trading day of 2019
What happened to the aluminum price in 2019
Aluminum averaged $1,794 per tonne in 2019, down 14.9% from $2,108 the year before. Daily trading data shows aluminum moved between a low of $1,714 and a high of $2,333 during the year, ending 2019 at $1,837.
Chronic Chinese oversupply kept aluminum range-bound through the 2010s, mostly between $1,600 and $2,400, with a brief 2018 spike on US sanctions against Rusal.
Adjusted for inflation, aluminum's 2019 average of $1,794 equals about $2,261 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 2019?
What is a 2019 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.