India: Balco, Hindalco trim aluminium ingot prices by up to INR 6,750/t ($81/t)

India’s primary producers have decreased aluminium ingot (P1020, 99.7%) prices by INR 6,750/t ($81/t) today in comparison with previous revision. Balco’s prices are at INR 226,000/t ($2,702/t) and Hindalco’s at INR 225,000/t ($2,690/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,320/t.


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