NALCO reduced its primary aluminium ingot (P1020, 99.7%) prices by INR 1,000/t ($12/t) on 1 Nov’24. Post-revision, NALCO’s prices were at INR 257,700/t ($3,061/t), down from INR 258,700/t ($3,072/t) on 24 Oct’24. Prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,660/t.
India: NALCO cuts primary aluminium ingot prices by INR 1,000/t ($12/t)
aluminium ex-works prices aluminium futures market aluminium P1020 prices aluminium price drop aluminium price trend aluminium price update aluminium pricing analysis GST exclusion Indian aluminium market LME aluminium futures Nalco aluminium prices NALCO price revision primary aluminium ingot prices
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