Balco has decreased primary aluminium ingot (P1020, 99.7%) prices by INR 1,250/t ($16/t) today as against 13 Jul’22. The effective price is INR 219,000/t ($2,742/t). The closing price for the three-month aluminium futures on LME stood at $2,355/t on 13 Jul, down by $5/t d-o-d, while cash prices decreased by $15/t to $2,343/t d-o-d on the last trading day.

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