🇻🇪Live Aluminium Price Per 1 Kg Today in Venezuela
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
VES 2,024,624.42
$3,651.75
Aluminum Futures
Market contract projection
VES 2,024,624.42
$3,651.75
Aluminum Ingot
Refined casting blocks
VES 2,024,624.42
$3,651.75
Per Kilogram (Kg)
Standard metric unit
VES 2,024.60
$3.65
Per Pound (lb)
Imperial unit
VES 918.35
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
VES 2,024.60
$3.65
Live Aluminium Price per undefined in Venezuela
Welcome to the most accurate resource for live Aluminium prices in Venezuela. Right now, the price of Aluminium per undefined stands as an essential metric for the automotive industry across the region. Our platform provides live market data sourced straight from the London Metal Exchange (LME), ensuring you have the most accurate pricing in VES.
Industrial Aluminium Form Analysis & Applications
Aluminium is widely used in automotive manufacturing across Venezuela. As global infrastructure grows, the appetite for corrosion-resistant aluminium is reaching new heights. Tracking the Aluminium spot price per undefined enables investors 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 Venezuela
The recycling market for aluminium scrap in Venezuela is incredibly efficient. Because recycling aluminium requires only 5% of the energy needed to smelt new aluminium, the recycling rate remains closely tied to the LME baseline. If you are dealing in cast aluminium, knowing the current conversion per undefined in VES is vital for securing the best profit margins.
24-Hour Aluminium Market Trend in Venezuela
In the last 24 hours, the Aluminium market in Venezuela has shown significant movement. Investors and industrial buyers are monitoring the undefined price as it adjusts to global macroeconomic indicators. Short-term projections suggest that if EV manufacturing orders remain strong, the baseline LME price could see further consolidation. Conversely, any unexpected supply surpluses might trigger a cooling off period in VES.
Live Market Sentiment & Future Outlook
Current market sentiment for Aluminium leans towards steady growth. The transition to sustainable infrastructure means structural demand is virtually guaranteed. Local extruders in Venezuela are securing inventory to hedge against future price spikes. Furthermore, scrap dealers report strong processing volumes, 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 Venezuela?
A:The current price of Aluminium per undefined is undefined VES. This price is refreshed continuously based on international market data.
Q:Why is Aluminium important in Venezuela?
A:Aluminium is essential because of its corrosion resistance. It is the foundation for automotive parts.
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 highest 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 electrolyzed to produce pure Aluminium Ingots. The price per undefined we track is for the refined metal.
Q:Does the London Metal Exchange (LME) control the price in Venezuela?
A:The LME acts as the primary reference point for Aluminium pricing. Local prices in Venezuela are calculated using the LME base rate plus local premiums and converted into VES.
Q:Is Aluminium used in Electric Vehicles (EVs)?
A:Yes, absolutely. Aluminium is crucial in electric vehicles to reduce vehicle weight, thereby increasing driving range.
Q:How often does the Aluminium price change?
A:Aluminium prices fluctuate constantly during market sessions on global exchanges. 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), manufacturing output in countries like China, and supply chain disruptions of Bauxite.
Q:Can I invest in Aluminium in Venezuela?
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 VES for easier tracking.
Aluminium Global Markets in Native Languages
Access native translations of commodity data and historical charts for our international markets.