Balco, one of India’s leading aluminium producers, has cut prices of its primary aluminium P1020 (99.7%) ingots by INR 4,500/t ($53/t), effective 9 Nov’24. Balco’s new prices are at INR 260,250/t ($3,083/t), down from INR 264,750/t ($3,137/t) on 9 Nov. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,665/t.
India: Balco reduces aluminium P1020 ingot prices by INR 4,500/t ($53/t)
9 Nov 2024 Aluminium futures aluminium industry India aluminium ingots Aluminium Market Trends aluminium market update aluminium price cut aluminium price decrease Aluminium prices aluminium prices India aluminium producers Aluminium Production BALCO Balco price change base metal prices commodity price update ex-works price global aluminium prices India aluminium market INR to USD conversion LME ALUMINIUM LME Aluminium prices P1020 ingots Price reduction primary aluminium primary aluminium ingots
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