North America Aluminium Sheet Prices Movement Q3:

Aluminium Sheet Prices in United States:

In Q3 2024, aluminium sheet prices in the United States peaked at 5500 USD/MT. In Q3 2024, aluminium sheet prices in the United States experienced notable fluctuations due to a mix of supply challenges and shifting demand. The first half of the quarter saw stable prices as supply issues persisted, but the latter half witnessed price increases. These rises were primarily driven by a boost in construction activity, as falling mortgage rates stimulated the housing market and increased demand for building materials. This combination of supply constraints and heightened demand from the construction sector contributed to the overall price volatility throughout the quarter.

APAC Aluminium Sheet Prices Movement Q3:

Aluminium Sheet Prices in China:

In Q3 2024, aluminium sheet prices in China stabilized at 2940 USD/MT. In Q3 2024, aluminium sheet prices in China were influenced by a combination of factors. Despite fluctuations in raw material costs, the market remained stable due to subdued consumer demand. However, the real estate and construction sectors saw growth, driven by government stimulus measures, which helped support demand for building materials. Additionally, easing power restrictions led to production gains, further stabilizing the market. Rising alumina prices also played a role in shaping market dynamics, contributing to inventory growth and keeping prices under control throughout the quarter.

Europe Aluminium Sheet Price Movement:

In Germany, aluminium sheet prices reached 12,400 USD/MT in September 2024 for Q3. In Q3 2024, aluminium sheet prices in Germany saw a significant rise due to a combination of factors. Strong demand from the aviation sector drove up consumption, while global alumina shortages led to higher production costs, further pushing prices up. Despite these challenges, the market remained relatively stable with a balanced supply, supported by new production capabilities in nearby regions. These dynamics allowed the market to maintain a positive pricing trend, reflecting robust demand in key industries, particularly aviation, and the ability to meet production needs despite global supply chain constraints.

UAE Aluminium Sheet Price Movement:

In Q3 2024, aluminium sheet prices in the UAE stabilized at 3150 USD/MT. In Q3 2024, aluminium sheet prices in the UAE experienced significant declines due to a combination of adverse factors. Geopolitical tensions and disruptions in global raw material supplies created uncertainty, impacting production costs and market confidence. Additionally, high inventories and sluggish demand from the construction sector added further pressure on prices. Seasonal factors and weak trading activity compounded the situation, as market participants were hesitant to engage in larger transactions. Despite stable production levels, these challenges led to a difficult market environment, contributing to the overall price drop during the quarter.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Aluminium Sheet Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Aluminium Sheet price trend, offering key insights into global Aluminium Sheet market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Aluminium Sheet demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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