India: Hindalco hikes aluminium ingots prices d-o-d by INR 4,750/t

  • Hindustan Aluminium Corporation Limited (Hindalco) increased primary aluminium ingots (P1020, 99.7%) prices by INR 4,750/t ($62/t) today after seeing continuous decline from almost past 1 month. The effective price stands at INR 245,000/t ($3,165/t).
  • The closing price for the three-month aluminium futures on LME stood at $2,799/t on 11 May 2022 against $2,753/t the previous trading day.
  • The company’s aluminium is accepted for delivery under the High-Grade Aluminium Contract on the London Metal Exchange (LME).

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