India’s primary aluminium producer, Nalco, has decreased ingot (P1020, 99.7%) prices by INR 7,000/t ($83/t) today. Nalco’s prices are at INR 244,700/t ($2,928/t) from INR 251,700/t ($3,012/t) on 8 Jun’24, prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,548/t.
