India’s primary producers have decreased aluminium ingot (P1020, 99.7%) prices by up to INR 2,000/t ($24/t) today. Balco’s prices are at INR 242,250/t ($2,902/t) and Hindalco’s at INR 241,500/t ($2,893/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,507/t.
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