India’s primary producers raised aluminium ingot (P1020, 99.7%) prices by up to INR 5,000/t ($60/t) today, compared to 26 Sep’24. Post-revision, Hindalco’s prices stood at INR 252,500/t ($3,017/t), up by INR 5,000/t ($60/t), and Balco’s were at INR 254,250/t ($3,038/t), up by INR 4,500/t ($54/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,629/t.
India: Hindalco, Balco raise aluminium ingot prices by up to INR 5,000/t ($60/t)
aluminium ingot P1020 aluminium ingot prices aluminium market update aluminium price revision aluminium production costs balco aluminium prices commodity price updates ex-works pricing GST exclusion Hindalco aluminium prices India aluminium prices Indian aluminium market LME aluminium futures metal market trends Primary aluminium producers
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