India’s primary producers raised aluminium ingot (P1020, 99.7%) prices by up to INR 9,000/t ($107/t) compared to 11 Oct. Post-revision, Hindalco’s prices were at INR 261,250/t ($3,107/t), up by INR 9,000/t ($107/t), and Balco’s were at INR 263,000/t ($3,128./t), up by INR 8,750/t ($104/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,621/t.
India: Hindalco, Balco raise aluminium ingot prices by up to INR 9,000/t ($107/t)
aluminium futures LME aluminium industry news aluminium ingot prices aluminium market update aluminium price analysis balco prices commodity prices India Ex-works prices GST excluded hindalco prices India aluminium prices Indian market trends metal price revisions P1020 price increase Primary Producers
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