India: NALCO cuts aluminium ingots prices sharply by INR 15,900/t ($199/t)

National Aluminium Company (NALCO) decreased primary aluminium ingots (P1020, 99.7%) prices sharply by INR 15,900/t ($199/t) today against prices on 26 Aug. The effective prices stand at INR 210,400/t ($2,643/t) exw. Factors that resulted in price revision were lower prices of other primary players and decline in futures in the major exchange markets.


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