🇨🇾Live Aluminium Price Today in Cyprus
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
€3,132.41
$3,651.75
Aluminum Futures
Market contract projection
€3,132.41
$3,651.75
Aluminum Ingot
Refined casting blocks
€3,132.41
$3,651.75
Per Kilogram (Kg)
Standard metric unit
€3.13
$3.65
Per Pound (lb)
Imperial unit
€1.42
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
€3.13
$3.65
Live Aluminium Price per undefined in Cyprus
Welcome to the most in-depth portal for up-to-the-minute Aluminium prices in Cyprus. Today, the price of Aluminium per undefined stands as an essential metric for industrial production across the region. Our platform delivers live market data sourced directly from global exchanges, ensuring you have the most reliable pricing in EUR.
Industrial Aluminium Form Analysis & Applications
Aluminium is widely used in aerospace across Cyprus. As electric vehicle production expands, the appetite for durable aluminium is reaching new heights. Monitoring the Aluminium spot price per undefined enables manufacturers to anticipate material costs accurately.
- 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 Cyprus
The recycling market for aluminium scrap in Cyprus is extremely active. Since recycling aluminium requires only 5% of the energy needed to smelt new aluminium, the scrap value remains closely tied to the spot price. If you are dealing in machined chips, knowing the live rate per undefined in EUR is essential for maximizing returns.
24-Hour Aluminium Market Trend in Cyprus
In the last 24 hours, the Aluminium market in Cyprus has shown notable activity. Investors and industrial buyers are monitoring the undefined price as it reacts to energy cost shifts. Short-term projections suggest that if EV manufacturing orders remain steady, the baseline LME price could see further consolidation. Conversely, any drops in manufacturing output might trigger a cooling off period in EUR.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans towards steady growth. The transition to green energy means long-term usage is virtually guaranteed. Local extruders in Cyprus are stockpiling inventory to hedge against future volatility. Furthermore, scrap dealers report strong processing volumes, indicating a healthy circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the current price of Aluminium per undefined in Cyprus?
A:The latest price of Aluminium per undefined is undefined EUR. This price is updated dynamically based on global commodity exchanges.
Q:Why is Aluminium important in Cyprus?
A:Aluminium is essential because of its corrosion resistance. It is the primary metal for construction facades.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a percentage to the primary LME price. Bare aluminium wire fetches the highest prices, while painted aluminium commands slightly lower rates.
Q:What is the difference between Aluminium Ingot and Alumina?
A:Bauxite is the raw material mined from the earth. It is refined into aluminium oxide, which is then smelted to produce primary aluminium. The price per undefined we track is for the refined metal.
Q:Does the London Metal Exchange (LME) control the price in Cyprus?
A:The LME acts as the primary reference point for Aluminium pricing. Local prices in Cyprus are derived from the LME base rate plus import duties and converted into EUR.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is crucial in EV manufacturing to offset the weight of heavy batteries, thereby increasing driving range.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate constantly during active trading hours on commodities markets. Our platform captures these changes instantly.
Q:What factors affect the Aluminium price per undefined?
A:Key factors include electricity prices (since smelting is energy-intensive), industrial demand in countries like China, and mining output of Bauxite.
Q:Can I invest in Aluminium in Cyprus?
A:Yes, 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 industrial nature, the institutional baseline is the Metric Ton. However, we provide conversions to undefined and EUR for localized convenience.
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