India’s primary producers have decreased aluminium ingot (P1020, 99.7%) prices by INR 3,500/t ($42/t) today in comparison with 23 Jul’24. Hindalco prices are at INR 221,500/t ($2,645/t) and Balco prices are at INR 222,500/t ($2,658/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,277/t.
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