India: Aluminium alloy ingots prices inch up w-o-w

  • Aluminium alloy ADC-12 ingot prices edged up by INR 1,000/t ($13/t) to INR 216,000/t, exw-Faridabad, excluding GST on a w-o-w basis.
  • Trade participants informed that a few offers from small-scale manufacturers were floated at lower levels amid limited demand from the downstream and overseeas markets.
  • A few transactions are heard at around $2,840-2,850/t levels for CIF Japan, but couldn’t be confirmed till the time of publising this report.

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