India: Hindalco hikes aluminium ingot prices by INR 5,000/t

Hindalco has increased primary aluminium ingot (P1020, 99.7%) prices by INR 5,000/t ($64/t) on 22Jun’22 from 21 Jun. The company’s effective price is INR 229,000/t ($2,926/t). The closing price for the three-month aluminium futures on LME stood at $2,533/t on 21 Jun, up $35/t d-o-d, while cash prices increased by $57/t to $2,519/t d-o-d on the last trading day.


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