🇬🇭Live Aluminium Price Per 1 Pound Today in Ghana
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
GHS 42,829.74
$3,651.75
Aluminum Futures
Market contract projection
GHS 42,829.74
$3,651.75
Aluminum Ingot
Refined casting blocks
GHS 42,829.74
$3,651.75
Per Kilogram (Kg)
Standard metric unit
GHS 42.83
$3.65
Per Pound (lb)
Imperial unit
GHS 19.43
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
GHS 42.83
$3.65
Current Aluminium Price per undefined in Ghana
Explore the most accurate portal for real-time Aluminium prices in Ghana. Right now, the price of Aluminium per undefined stands as an essential metric for the manufacturing sector across the region. This dashboard provides instant market data sourced directly from the London Metal Exchange (LME), ensuring you have the freshest pricing in GHS.
Industrial Aluminium Form Analysis & Applications
This versatile base metal is extensively used in aerospace across Ghana. As green energy projects grows, the appetite for lightweight aluminium remains exceptionally strong. Tracking the price of Aluminium per undefined enables manufacturers to predict production overheads 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 Ghana
The secondary market for aluminium scrap in Ghana is extremely active. Since recycling aluminium requires only 5% of the energy needed to smelt new aluminium, the scrap value remains tightly correlated to the LME baseline. Whether you are trading machined chips, knowing the live rate per undefined in GHS is vital for securing the best profit margins.
24-Hour Aluminium Market Trend in Ghana
In the last 24 hours, the Aluminium market in Ghana has shown interesting fluctuations. Investors and industrial buyers are monitoring the undefined price as it reacts to supply chain announcements. Short-term projections suggest that if EV manufacturing orders remain steady, the baseline LME price could see upward pressure. Conversely, any unexpected supply surpluses might trigger a price correction in GHS.
Live Market Sentiment & Future Outlook
Current investor outlook for Aluminium leans heavily bullish. The transition to green energy means long-term usage is virtually guaranteed. Local extruders in Ghana are stockpiling inventory to protect from future price spikes. Furthermore, recycling facilities report strong processing volumes, indicating a healthy circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the live price of Aluminium per undefined in Ghana?
A:The live price of Aluminium per undefined is undefined GHS. This price is updated dynamically based on global commodity exchanges.
Q:Why is Aluminium so critical in Ghana?
A:Aluminium is vital because of its lightweight properties. It is the primary metal for beverage cans.
Q:How much does recycled aluminium sell for?
A:Secondary aluminium rates 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 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 primary aluminium. The price per undefined we track is for the refined metal.
Q:Does the LME control the price in Ghana?
A:The London Metal Exchange acts as the primary reference point for Aluminium pricing. Local prices in Ghana are derived from the LME base rate plus shipping costs and converted into GHS.
Q:Is Aluminium used in green energy?
A:Definitely. 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 change constantly during active trading hours on commodities markets. Our platform captures these changes instantly.
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 mining output of Bauxite.
Q:Can I trade Aluminium in Ghana?
A:Certainly, investors can trade Aluminium through commodity ETFs. 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 GHS for localized convenience.
Aluminium Global Markets in Native Languages
Access native translations of commodity data and historical charts for our international markets.