Aluminum just broke through the $3,000 barrier for the first time since 2022, and the supply crunch is the culprit behind this rally. When commodity prices start climbing like this, it's usually a sign of tightening physical supply or geopolitical tensions disrupting production and logistics.

What makes this interesting? It's not just aluminum—we're seeing inflationary pressures creep back into commodity markets. When raw material costs spike, it ripples through manufacturing, energy, and construction sectors. For crypto investors watching macro trends, this is worth paying attention to because commodity inflation often correlates with dollar weakness and shifts in how institutions allocate capital across asset classes.

The last time aluminum was this elevated was back in 2022, when we were dealing with stagflation fears. Now we're seeing similar supply-side dynamics resurface. Whether it's production cuts, export restrictions, or strategic stockpiling, tight aluminum availability is pushing buyers to accept higher prices. This kind of supply-driven rally tends to stick around until new capacity comes online or demand destruction forces prices lower.