- Hindalco and Balco increased primary aluminium ingot (P1020, 99.7%) prices on 24 May’22 by INR 2,750/t ($35/t) compared to 21 May.
- Hindalco’s effective price is INR 265,000/t ($3,415/t) exw, while Balco’s effective price stands at INR 267,250/t ($3,444/t) exw.
- The three-month LME aluminum contract price was recorded at $2,956/t on the last trading day as against $2,946/t the previous day.
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