🇨🇴Live Aluminium Price Per 1 Kg Today in Colombia
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
COP 13,331,869
$3,651.75
Aluminum Futures
Market contract projection
COP 13,331,869
$3,651.75
Aluminum Ingot
Refined casting blocks
COP 13,331,869
$3,651.75
Per Kilogram (Kg)
Standard metric unit
COP 13,332
$3.65
Per Pound (lb)
Imperial unit
COP 6,047
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
COP 13,332
$3.65
Current Aluminium Price per undefined in Colombia
Explore the most in-depth guide for live Aluminium prices in Colombia. Today, the price of Aluminium per undefined stands as a critical indicator for industrial production across the region. This dashboard delivers live market data sourced straight from the London Metal Exchange (LME), ensuring you have the most reliable pricing in COP.
Industrial Aluminium Form Analysis & Applications
This versatile base metal is widely used in aerospace across Colombia. As global infrastructure expands, the demand for durable aluminium remains exceptionally strong. Monitoring the Aluminium spot price per undefined enables builders to predict material costs with high precision.
- Aluminium Extrusion: Profiles used in window frames, building facades, and structural supports. Highly valued in scrap markets.
- Aluminium Sheet & Coil: Used extensively in the packaging industry (cans, foil) and automotive body panels.
- Cast Aluminium: Utilized in engine blocks and heavy machinery components due to its excellent thermal conductivity.
- Billet & Ingot: The foundational blocks of raw aluminium used by foundries and manufacturers to create final products.
The Secondary Market: Aluminium Scrap in Colombia
The secondary market for aluminium scrap in Colombia is highly robust. Because recycling aluminium requires only 5% of the energy needed to produce primary aluminium from bauxite ore, the recycling rate remains tightly correlated to the spot price. If you are dealing in cast aluminium, knowing the current conversion per undefined in COP is vital for maximizing returns.
24-Hour Aluminium Market Trend in Colombia
In the last 24 hours, the Aluminium market in Colombia has shown interesting fluctuations. Investors and industrial buyers are monitoring the undefined price as it reacts to global macroeconomic indicators. Short-term projections suggest that if industrial demand remain strong, the baseline LME price could see upward pressure. Conversely, any drops in manufacturing output might trigger a cooling off period in COP.
Live Market Sentiment & Future Outlook
Current investor outlook for Aluminium leans towards steady growth. The transition to green energy means structural demand is virtually guaranteed. Local fabricators in Colombia are securing inventory to protect from future volatility. Furthermore, scrap dealers report strong processing volumes, indicating a robust circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the live price of Aluminium per undefined in Colombia?
A:The live price of Aluminium per undefined is undefined COP. This price is updated dynamically based on international market data.
Q:Why is Aluminium so critical in Colombia?
A:Aluminium is vital because of its corrosion resistance. It is the primary metal for automotive parts.
Q:How much does recycled aluminium sell for?
A:Secondary aluminium rates generally trade at a percentage to the primary LME price. Clean extrusion fetches the highest prices, while mixed scrap commands slightly discounted rates.
Q:What is the difference between primary aluminium and Alumina?
A:Bauxite ore is the raw material mined from the earth. It is refined into aluminium oxide, which is then smelted to produce pure Aluminium Ingots. The price per undefined we track is for the refined metal.
Q:Does the LME control the price in Colombia?
A:The London Metal Exchange acts as the primary reference point for Aluminium pricing. Local prices in Colombia are derived from the LME base rate plus local premiums and converted into COP.
Q:Is Aluminium used in green energy?
A:Definitely. Aluminium is crucial in EV manufacturing to reduce vehicle weight, thereby increasing driving range.
Q:How often does the Aluminium price change?
A:Aluminium prices change constantly during active trading hours on global exchanges. Our platform captures these changes in real-time.
Q:What factors influence the Aluminium price per undefined?
A:Major drivers include electricity prices (since smelting is energy-intensive), industrial demand in countries like China, and supply chain disruptions of Bauxite.
Q:Can I trade Aluminium in Colombia?
A:Certainly, investors can trade Aluminium through mining stocks. Physical trading usually involves industrial procurement rather than retail bullion.
Q:Why is Aluminium pricing usually quoted in Metric Tons?
A:Due to its massive production volumes, the institutional baseline is the Metric Ton. However, we provide conversions to undefined and COP for localized convenience.
Aluminium Global Markets in Native Languages
Access native translations of commodity data and historical charts for our international markets.