Key Highlights

  • Aluminium trades at USD 3,076.8.
  • The daily quote shows +22.7 and +0.74%.
  • Aluminium opens at USD 3,064.1.
  • The session spans USD 3,054.1 to USD 3,088.8.
  • China reports a manufacturing PMI of 50.1% for September.
  • China records September primary aluminium output growth of 3.1% YoY.

Aluminium moved higher on 30 October 2026, extending a modest late-month recovery while remaining below earlier September trading levels. China’s return to manufacturing expansion and growth in primary aluminium production provided an industrial backdrop. The combination gives Australian resources-market readers a firmer daily quote alongside a broader chart that still reflects October’s earlier decline.

Unmodified Aluminium TradingView chart captured on 30 October 2026

Source chart, 30 October 2026

A Late Bounce Follows October’s Decline

The daily chart shows a steep decline through June, followed by a period of steadier trading and recoveries during August and September. Those advances did not persist into October, when aluminium moved down again.

The most recent candles show a rebound from the late October trough. The latest positive session adds to that recovery, but the quote remains below the trading cluster visible around September and early October. The daily advance therefore sits within an uneven recent price history.

China’s Factory and Production Signals Improve

China’s National Bureau of Statistics reported a September manufacturing PMI of 50.1%, returning to expansion from August’s 49.8%. Primary aluminium output increased 3.1% YoY in September.

Australia’s ABS reported annual CPI inflation of 4.3% in September, compared with 4.0% in August. For Australian market readers, these factory and inflation releases frame the latest aluminium quote without establishing a direct cause for the daily gain.

Technical Outlook: Aluminium

The chart records an opening price of USD 3,064.1, a session high of USD 3,088.8 and a session low of USD 3,054.1. Its current price is USD 3,076.8, with a displayed change of +22.7 and +0.74%.

The current quote is above the opening level and below the session high. This places aluminium in the upper part of its displayed daily range. The latest green candle shows a positive session, while the surrounding late October candles indicate a recovery that has not regained the earlier September trading area.

Key Levels to Watch

The session low of USD 3,054.1 and high of USD 3,088.8 define the observed daily boundaries. The opening quote provides a further reference for the session’s progress. These are recorded session values rather than independently established support or resistance. A later move beyond them would extend the displayed range.

Summary

Aluminium’s positive session continues its late October bounce, although the wider daily history remains below September’s higher levels. China’s manufacturing and production releases provide relevant industrial context, while higher Australian inflation adds a domestic macro development. The immediate chart picture combines a daily gain with an incomplete broader recovery.