India: Balco hikes aluminium ingot prices by INR 2,750/t

  • Balco has increased primary aluminium ingot (P1020, 99.7%) prices by INR 2,750/t ($34/t) today as against 22 Jul’22.
  • The effective price is INR 229,750/t ($2,876/t).
  • The closing price for the three-month aluminium futures on LME stood at $2,475/t on 22 Jul, increased $55/t d-o-d, while cash prices increased by $34/t to $2,460/t d-o-d on the last trading day.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *