Balco, one of India’s leading aluminium producers, cut prices of its primary aluminium P1020 (99.7%) ingots by INR 4,250/t ($49/t) effective 4 Jan’25. Balco’s new prices are at INR 252,750/t ($2,946/t), down from INR 257,000/t ($2,996/t) on 31 Dec. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,493/t.
India: Balco reduces aluminium P1020 ingot prices by INR 4,250/t ($49/t)
750/t 99.7% aluminium ingots Aluminium futures aluminium industry news aluminium ingot prices Aluminium Market Trends aluminium market update aluminium price drop aluminium price reduction aluminium production India balco aluminium prices Balco price change Balco price cut Balco update ex-works aluminium prices India aluminium producers INR 252 January 2025 aluminium prices LME aluminium price LME Aluminium prices P1020 ingot prices primary aluminium P1020
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