Balco, one of India’s leading aluminium producers, cut prices of its primary aluminium P1020 (99.7%) ingots by INR 1,500/t ($18/t), effective 14 Nov’24. Balco’s new prices are at INR 252,250/t ($2,986/t), down from INR 253,750/t ($3,003/t) on 13 Nov. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,492/t.
India: Balco reduces aluminium P1020 ingot prices by INR 1,500/t ($18/t)
aluminium futures prices aluminium industry news aluminium ingots price aluminium market India aluminium price cut aluminium price November 2024 aluminium price update aluminium pricing trend aluminium producers India balco aluminium prices Balco price revision ex-works aluminium price GST excluded aluminium prices LME aluminium futures primary aluminium P1020 primary aluminium prices
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