🇮🇱Live Aluminium Price Per 1 Aluminum Futures Today in Israel
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
₪10,272.35
$3,651.75
Aluminum Futures
Market contract projection
₪10,272.35
$3,651.75
Aluminum Ingot
Refined casting blocks
₪10,272.35
$3,651.75
Per Kilogram (Kg)
Standard metric unit
₪10.27
$3.65
Per Pound (lb)
Imperial unit
₪4.66
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
₪10.27
$3.65
Live Aluminium Price per undefined in Israel
Welcome to the most accurate resource for real-time Aluminium prices in Israel. Right now, the price of Aluminium per undefined stands as a critical indicator for industrial production across the region. This dashboard delivers live updates sourced directly from the London Metal Exchange (LME), ensuring you have the most accurate pricing in ILS.
Industrial Aluminium Form Analysis & Applications
Aluminium is extensively used in automotive manufacturing across Israel. As green energy projects grows, the demand for durable aluminium remains exceptionally strong. Monitoring the Aluminium spot price per undefined allows manufacturers to predict market shifts 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 Israel
The recycling market for aluminium scrap in Israel is incredibly efficient. Since 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 extrusion scrap, knowing the live rate per undefined in ILS is vital for securing the best profit margins.
24-Hour Aluminium Market Trend in Israel
In the last 24 hours, the Aluminium market in Israel has shown significant movement. Investors and industrial buyers are monitoring the undefined price as it adjusts to supply chain announcements. 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 ILS.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans heavily bullish. The transition to sustainable infrastructure means long-term usage is virtually guaranteed. Local fabricators in Israel are securing inventory to protect from future volatility. Furthermore, scrap dealers report high turnover rates, 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 Israel?
A:The current price of Aluminium per undefined is undefined ILS. This price is refreshed continuously based on global commodity exchanges.
Q:Why is Aluminium important in Israel?
A:Aluminium is essential because of its lightweight properties. It is the foundation for beverage cans.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a percentage to the spot market. Bare aluminium wire fetches the highest prices, while mixed scrap commands slightly discounted 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 electrolyzed 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 Israel?
A:The LME acts as the primary reference point for Aluminium pricing. Local prices in Israel are calculated using the LME base rate plus shipping costs and converted into ILS.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is crucial in electric vehicles 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 market sessions on commodities markets. Our platform captures these changes in real-time.
Q:What factors affect the Aluminium price per undefined?
A:Key factors include electricity prices (since smelting is energy-intensive), manufacturing output in countries like China, and mining output of Bauxite.
Q:Can I invest in Aluminium in Israel?
A:Yes, investors can trade Aluminium through commodity ETFs. Physical trading usually involves scrap recycling 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 ILS for easier tracking.
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