India: Primary players increase aluminium ingot prices

  • Balco, Hindalco and Nalco have increased primary aluminium ingot (P1020 grade 99.7%) prices by up to INR 4,100/t ($51/t) following a minor price rise on the LME.
  • Balco’s effective price stands at INR 228,000/t ($2,854/t) while Hindalco’s price is at INR 227,700/t ($2,850/t) and Nalco’s at INR 226,300/t ($2,832/t). LME-registered warehouse stocks continue to remain tight.

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