17:32 - 13.01.2026

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January 13, Fineko/abc.az. Aluminum is traded at prices close to its highest since 2022, as forecasts of a decline in global supply reinforce the upward trend in metal markets.

ABC.AZ reports that after strong gains in the previous session, most metals continued to rise in price on Tuesday in London. The price of aluminum on Monday approached a record $ 3,200 per ton, and tin has risen in price for the third day in a row, having increased by nearly 20% since the beginning of the year (for reference, cans are covered with tin in everyday life).

After a successful last year, metals started 2026 with an upturn. The main reason for the increase was the expectation that Fed's interest rate cuts would create supply shortage. The explosion of interest in artificial intelligence has increased demand for metals for data centers, power grids, and electronics, especially copper, and speculative purchases in China have also supported growth. Tin has shown the best dynamics on the London Metal Exchange since the beginning of the year: in 2025, its price reached $51,000 per ton, showing a rise of close to 40%.