Hindalco and Balco, India’s primary aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by INR 3,750/t ($43/t) today compared to 17 Dec’24. Post-revision, prices stood at INR 264,500/t ($3,055/t) for Hindalco and INR 266,000/t ($3,072/t) for Balco. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were at $2,569/t.
India: Hindalco, Balco cut aluminium ingot prices by INR 3,750/t ($43/t)
Aluminium futures aluminium ingot prices aluminium market aluminium price December 2024 aluminium price drop aluminium price reduction aluminium price revision aluminium price update aluminium pricing aluminium pricing trends BALCO Balco price commodity prices Ex-works prices GST exclusion Hindalco Hindalco price India aluminium producers Indian aluminium market LME ALUMINIUM P1020 aluminium
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