India: Balco hikes aluminium ingot prices by INR 4,000/t

  • Balco increased primary aluminium ingots (P1020, 99.7%) prices by INR 4,000/t ($51/t) today as against 18 Jun’22. The company’s effective price is INR 231,500/t ($2,958/t).
  • The closing price for the three-month aluminium futures on LME stood at $2,533/t on 21 Jun, up $35/t d-o-d, while cash prices increased by $57/t to $2,519/t d-o-d on the last trading day.

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