🇸🇬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 accurate guide for real-time Aluminium prices in Singapore. At this very moment, the price of Aluminium per undefined stands as an essential metric for the automotive industry across the region. This dashboard delivers live updates sourced straight from global exchanges, ensuring you have the freshest pricing in SGD.
Industrial Aluminium Form Analysis & Applications
Aluminium is widely used in construction across Singapore. As green energy projects accelerates, the appetite for corrosion-resistant aluminium remains exceptionally strong. Monitoring the Aluminium spot price per undefined allows investors to anticipate 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 Singapore
The recycling market for aluminium scrap in Singapore is highly robust. Because recycling aluminium saves 95% of the energy needed to smelt new aluminium, the recycling rate remains tightly correlated to the spot price. If you are dealing in extrusion scrap, knowing the current conversion per undefined in SGD is essential for maximizing returns.
24-Hour Aluminium Market Trend in Singapore
In the last 24 hours, the Aluminium market in Singapore has shown notable activity. Investors and industrial buyers are monitoring the undefined price as it reacts to supply chain announcements. Near-term projections suggest that if EV manufacturing orders remain strong, the baseline LME price could see upward pressure. Conversely, any drops in manufacturing output might trigger a cooling off period in SGD.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans towards steady growth. The transition to green energy means structural demand is virtually locked in. Local extruders in Singapore are securing inventory to protect from future volatility. Furthermore, scrap dealers report high turnover rates, indicating a robust 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 latest price of Aluminium per undefined is undefined SGD. This price is updated dynamically based on international market data.
Q:Why is Aluminium important in Singapore?
A:Aluminium is essential because of its corrosion resistance. It is the primary metal for aerospace engineering.
Q:How much does scrap aluminium sell for?
A:Scrap aluminium prices generally trade at a percentage to the primary LME price. Clean extrusion fetches the best prices, while painted aluminium 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 smelted 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 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 shipping costs and converted into SGD.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is crucial in EV manufacturing to reduce vehicle weight, thereby improving efficiency.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate constantly during active trading hours on global exchanges. Our platform syncs 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 supply chain disruptions 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.
Aluminium Global Markets in Native Languages
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