India: Aluminium ADC12 ingot prices improve marginally w-o-w

Domestic aluminium ADC12 ingot prices increased by INR 2,000/t ($26/t) to INR 209,000/t ($2,695/t), exw-Faridabad, following strong aluminium tense scrap prices which marginally rose by INR 3,000/t ($39/t) to INR 164,000/t ($2,114/t), w-o-w, exy-Delhi. However, the market witnessed a significant difference in offer prices of sellers which varied by around INR 5,000/t. Furthermore, overseas buying inquiries remained dull as net realisations are far lower.


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