🇸🇬Live Aluminium Price Today in Singapore
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
SGD 4,662.32
$3,651.75
Aluminum Futures
Market contract projection
SGD 4,662.32
$3,651.75
Aluminum Ingot
Refined casting blocks
SGD 4,662.32
$3,651.75
Per Kilogram (Kg)
Standard metric unit
SGD 4.66
$3.65
Per Pound (lb)
Imperial unit
SGD 2.11
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
SGD 4.66
$3.65
Live Aluminium Price per undefined in Singapore
Welcome to the most in-depth guide for up-to-the-minute Aluminium prices in Singapore. Right now, the price of Aluminium per undefined stands as a vital benchmark for the manufacturing sector across the region. This dashboard provides instant updates sourced directly from global exchanges, ensuring you have the most reliable pricing in SGD.
Industrial Aluminium Form Analysis & Applications
Aluminium is widely used in construction across Singapore. As electric vehicle production grows, the appetite for lightweight aluminium is reaching new heights. Tracking the price of Aluminium per undefined allows manufacturers to forecast 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 Singapore
The recycling market for aluminium scrap in Singapore is highly robust. 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 extrusion scrap, knowing the live rate per undefined in SGD is crucial for maximizing returns.
24-Hour Aluminium Market Trend in Singapore
In the last 24 hours, the Aluminium market in Singapore has shown significant movement. 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 upward pressure. Conversely, any unexpected supply surpluses might trigger a price correction in SGD.
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 Singapore are stockpiling inventory to protect from future price spikes. 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 Singapore?
A:The current price of Aluminium per undefined is undefined SGD. This price is updated dynamically based on global commodity exchanges.
Q:Why is Aluminium important in Singapore?
A:Aluminium is essential because of its corrosion resistance. It is the primary metal for beverage cans.
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 Singapore?
A:The LME acts as the primary reference point for Aluminium pricing. Local prices in Singapore are derived from the LME base rate plus import duties and converted into SGD.
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 Singapore?
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 SGD for localized convenience.
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