India’s primary aluminium producer, Nalco, has reduced ingot (P1020, 99.7%) prices by INR 6,500/t ($78/t) today. Nalco’s prices are at INR 2,38,200/t ($2,857/t) from INR 2,44,700/t ($2,934/t) on 14 Jun’24, prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,492/t.
