India: Balco lowers aluminium ingot prices by INR 4,750/t

Balco decreased primary aluminium ingots (P1020, 99.7%) prices by INR 4,750/t ($60/t) today as against 30 Jun’22. The company’s effective price is INR 223,500/t ($2,826/t). The closing price for the three-month aluminium futures on LME stood at $2,445/t on 30 Jun, down $26/t d-o-d, while cash prices decreased by $55/t to $2,397/t d-o-d on the last trading session.


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