India: Hindalco lowers aluminium ingot prices by INR 2,250/t

Hindalco has decreased primary aluminium ingot (P1020, 99.7%) prices by INR 2,250/t ($29/t) on 18 Jun’22 as against 17 Jun. The company’s effective price is INR 225,250/t ($2,889/t). The closing price for the three-month aluminium futures on LME stood at $2,498/t on 17 Jun, down marginally by $6/t d-o-d, while cash prices decreased by $26/t to $2,474/t d-o-d on the last trading day.


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