India: Primary players cut aluminium ingots prices by up to INR 7,800/t

  • Nalco, Hindalco and Balco decreased primary aluminium ingots (P1020, 99.7%) prices by up to INR 7,800/t ($94/t) today.
  • Post-revision, Balco’s prices are at INR 239,250/t ($2,893/t) and Hindalco’s at INR 235,750/t ($2,851/t). Meanwhile, Nalco’s prices are at INR 236,400/t ($2,859/t). Prices are exw, excluding GST.
  • LME aluminium futures declined by around $100/t w-o-w to $2,533/t yesterday.

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