Balco, one of India’s leading aluminium producers, raised prices of its primary aluminium P1020 (99.7%) ingots by INR 2,000/t ($24/t), effective 20 Nov’24. Balco’s new prices are at INR 258,750/t ($3,066/t), up from INR 256,750/t ($3,043/t) on 19 Nov. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,679/t.
India: Balco raises aluminium P1020 ingot prices by INR 2,000/t ($24/t)
750 aluminium aluminium futures LME aluminium GST exclusion aluminium market analysis aluminium market update Aluminium P1020 ingots aluminium price ex-works aluminium price increase aluminium price November 2024 aluminium pricing trends balco aluminium prices Balco price change INR 258 LME aluminium futures primary aluminium P1020 price
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