India’s primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 4,000/t ($47/t) compared to 4 Dec’24. Post-revision, Hindalco’s prices were at INR 261,000/t ($3,083/t), up by INR 4,000/t ($47/t), and Balco’s were at INR 263,000/t ($3,106/t), up by INR 3,750/t ($44/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,607/t.
India: Hindalco, Balco raise aluminium ingot prices by up to INR 4,000/t ($47/t)
aluminium futures LME aluminium ingot price aluminium market analysis aluminium market update aluminium P1020 aluminium price increase aluminium price revision aluminium price trends balco aluminium prices Ex-works prices GST excluded Hindalco aluminium prices India aluminium ingot prices Indian aluminium prices LME Aluminium prices metal prices India Primary Producers
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