A new aluminum ETF may mitigate fears of aluminum well-being as diminishing prices have forced producers to reduce supply.

Inventory levels have fallen in recent weeks. Deutsche Bank noted that “risk appetite appears to be improving, and it’s anyone’s guess when it will reverse.” However, Deutsche Bank expects that “prices are likely to remain under pressure over the next couple pf months at least.” Aluminum prices currently stands at just below $2,000 a ton. [Copper ETFs Spike, But Will It Stick?]

For more information on aluminum, visit our aluminum category.

While an aluminum ETF is still unavailable, investors may play the metal through the ETN iPath DJ-AIG Aluminum ETN (NYSEArca: JJU), which tracks futures. You can also get exposure to aluminum producers in iShares Dow Jones U.S. Basic Materials (NYSEArca: IYM).

Max Chen contributed to this article.