Category: Non Ferrous
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India: Aluminium prices weaken w-o-w on subdued sentiment despite firmer LME prices
Cautious buying keeps aluminium market sentiment subdued Stable premiums cushion domestic aluminium market weakness Domestic aluminium prices in India declined w-o-w, despite a slight increase in LME aluminium prices. The domestic physical market softened amid subdued market sentiment. According to BigMint’s assessment, P1020 aluminium ingot prices in Delhi NCR decreased by INR 4,000/t (1.1%) w-o-w…