As we advance through 2023, Aluminium remains a critical component in the global commodity market. Known for its lightweight nature, corrosion resistance, and excellent conductivity, aluminium is used extensively across various industries, including transportation, construction, packaging, and electrical.

China, followed by Russia and Canada, are among the leading producers of aluminium, taking advantage of their abundant bauxite reserves and access to inexpensive energy sources. Major consumers include the United States, China, and India, where rapid industrialization and urbanization drive the demand for aluminium.

When predicting aluminium prices, Pricevision takes into account multiple factors. These include global aluminium production, demand from key consuming sectors, global economic indicators, and overall trends in the commodity market. We want to remind our users that trading in commodities inherently involves risk, and potential price volatility. Hence, our forecasts should be seen as one piece of a broad investment strategy.

Looking ahead, the demand for aluminium is expected to stay robust, buoyed by its critical role in various applications and industries. Market dynamics could be influenced by factors such as energy costs, mining policies, environmental concerns, and developments in recycling technology. With Pricevision, we aim to provide users with detailed and timely price forecasts for Aluminium. Currently we have forecast for CME and MCX Market, we could also give forecast for SPOT markets as well.