India: NALCO cuts primary aluminium ingot prices by INR 9,600/t ($114/t)

NALCO reduced its primary aluminium ingot (P1020, 99.7%) prices by INR 9,600/t ($114/t) on 11 October 2024. Post-revision, NALCO’s prices were at INR 251,600/t ($2,771/t), down from INR 261,200/t ($3,107/t) on 9 October, 2024. Prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,615/t.