Author: Drishya Yadav

India: Hindalco, balco lowers aluminium ingots prices by INR 7,250/t ($96/t)

Apr 8, 2022

—

by

Drishya Yadav

in Non Ferrous

Hindalco and Balco decreased primary aluminium ingots (P1020, 99.7%) prices by INR 7,250/t ($96/t) today, as per reports. Hindalco’s effective price is at INR 290,250/t ($3,832/t) exw, while Balco’s price stands at INR 293,000/t ($3864/t) exw. The three-month LME aluminum contract price was recorded at $3,385/t yesterday, down $56/t as against $3,441/t the previous day.