India’s primary aluminium producers have increased ingot (P1020, 99.7%) prices today by up to INR 1,750/t. Post-revision, Hindalco’s prices stood at INR 214,000/t, up INR 1,250/t. Balco’s prices stood at INR 217,500/t, up INR 1,750/t. All prices are ex-works and exclude GST. At the time of reporting, 3-M aluminium futures on LME stood at $2,270/t.
