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Aluminum is one of the most abundant metals in the world, often mined from bauxite ore. The main end users of base metals include the following sectors: transportation and construction. Together, these two sectors account for almost half of the market. Guinea, Australia and Vietnam are considered to be the countries with the largest bauxite reserves, while China leads in the proportion of aluminum smelting production.

On a contract for difference (CFD) that tracks the benchmark market for this commodity, aluminum has dropped 105.10 USD/Tonne, or 4.12%, since the start of 2025. In March of 2022, aluminum hit its highest point ever, 4103.00.

In terms of demand, the main aluminum markets include China, the United States, Germany, India and Japan. The aluminum market is assessed to reach USD 112 billion by 2021 and is expected to reach a CAGR of over 6% during the forecast period 2022-2027. The Asia-Pacific region is expected to be the largest aluminum consuming market during the forecast period.