Procurement Index
Benchmark delayed

Aluminum price for procurement

$1.56/ lb
-6.0% MoM

FRED Global price of Aluminum (IMF series PALUMUSDM) · as of Jun 2026. Free to view, no login.

This benchmark has not refreshed since Jun 2026. We are restoring the source feed. Treat the figure above as the latest available reading, not today's market.

13-month trend

2025-08-01 to 2026-06-01

Need to source aluminum?

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Aluminum pricing, common questions

What is the aluminum spot price today?

The headline figure is the most recent aluminum benchmark from the FRED Global price of Aluminum series (IMF, series PALUMUSDM), converted to dollars per pound, with the month-over-month and year-over-year change beside it. It refreshes monthly.

Does the spot price include the Midwest premium?

No. This benchmark tracks the underlying spot metal. Delivered aluminum in North America also carries a regional premium and conversion cost that a vendor quote rolls in. Use the spot trend to read direction; use the network average to see what shops actually paid all-in.

How do I know if an aluminum quote is fair?

Compare it against the current spot benchmark here, the anonymized network average for that category (subscription), and the typical 4 to 8 week lag between spot moves and quote shifts. A quote that has not moved while spot fell materially is worth a second conversation.

How often does this aluminum benchmark update?

Monthly, from FRED (the IMF global price series). A daily intraday feed ships with the Intelligence tier in Q3 2026.

Is this aluminum benchmark free?

Yes. The benchmark and trend are free to view with no login. Anonymized network market averages require a BlastRFQ buyer subscription. Founding pilot members get 6 months free through August 31, 2026.

Founding pilot, 6 months free

Know the market before you award the job.

Live benchmarks plus anonymized network averages from real RFQ transactions. Pilot spots close August 31, 2026.