🇲🇬Live Aluminium Price Today in Madagascar
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
MGA 15,329,633
$3,651.75
Aluminum Futures
Market contract projection
MGA 15,329,633
$3,651.75
Aluminum Ingot
Refined casting blocks
MGA 15,329,633
$3,651.75
Per Kilogram (Kg)
Standard metric unit
MGA 15,329
$3.65
Per Pound (lb)
Imperial unit
MGA 6,953
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
MGA 15,329
$3.65
Live Aluminium Price per undefined in Madagascar
Welcome to the most in-depth portal for real-time Aluminium prices in Madagascar. Right now, the price of Aluminium per undefined stands as a critical indicator for the manufacturing sector across the region. This dashboard delivers instant updates sourced directly from the London Metal Exchange (LME), ensuring you have the most accurate pricing in MGA.
Industrial Aluminium Form Analysis & Applications
Aluminium is widely used in packaging across Madagascar. As green energy projects grows, the demand for lightweight aluminium remains exceptionally strong. Monitoring the price of Aluminium per undefined allows manufacturers to predict market shifts 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 Madagascar
The recycling market for aluminium scrap in Madagascar is extremely active. Because recycling aluminium saves 95% of the energy needed to produce primary aluminium from bauxite ore, the scrap value remains tightly correlated to the spot price. Whether you are trading aluminium cans, knowing the live rate per undefined in MGA is vital for securing the best profit margins.
24-Hour Aluminium Market Trend in Madagascar
In the last 24 hours, the Aluminium market in Madagascar has shown significant movement. Investors and industrial buyers are monitoring the undefined price as it adjusts to supply chain announcements. Near-term projections suggest that if industrial demand remain steady, the baseline LME price could see upward pressure. Conversely, any drops in manufacturing output might trigger a price correction in MGA.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans towards steady growth. The transition to sustainable infrastructure means structural demand is virtually locked in. Local fabricators in Madagascar are stockpiling inventory to protect from future volatility. Furthermore, recycling facilities 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 Madagascar?
A:The current price of Aluminium per undefined is undefined MGA. This price is refreshed continuously based on international market data.
Q:Why is Aluminium important in Madagascar?
A:Aluminium is essential because of its corrosion resistance. It is the foundation for aerospace engineering.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a percentage to the spot market. Clean extrusion fetches the best prices, while mixed scrap 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 electrolyzed to produce pure Aluminium Ingots. The price per undefined we track is for the finished ingot.
Q:Does the London Metal Exchange (LME) control the price in Madagascar?
A:The LME acts as the primary reference point for Aluminium pricing. Local prices in Madagascar are calculated using the LME base rate plus shipping costs and converted into MGA.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is crucial in electric vehicles to reduce vehicle weight, thereby improving efficiency.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate constantly during market sessions on global exchanges. Our platform syncs 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 supply chain disruptions of Bauxite.
Q:Can I invest in Aluminium in Madagascar?
A:Yes, investors can trade Aluminium through mining stocks. 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 MGA for easier tracking.
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