India: Hindalco, Balco lower aluminium ingots prices by upto INR 3,500/t d-o-d

—

Hindalco and Balco decreased primary aluminium ingots (P1020, 99.7%) prices by upto INR 3,500/t ($45/t) today as against 31 May’22. Hindalco’s effective price stands at INR 252,750/t ($3,258/t), While Balco’s price is INR 255,250/t ($3,291/t).
The closing price for the three-month aluminium futures on LME stood at $2,787/t on 31 May, down $101/t d-o-d, while cash prices decreased $47/t to $2,816/t d-o-d yesterday.

Comments