India: Balco hikes aluminium ingot prices by INR 4,750/t

  • Balco has increased primary aluminium ingot (P1020, 99.7%) prices by INR 4,750/t ($60/t) today as against 4 Aug’22.
  • The effective price is INR 226,500/t ($2,844/t).
  • The closing price for the three-month aluminium futures on LME stood at $2,416/t on 5 Aug, increasing by $13/t d-o-d yesterday.

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