India: Hindalco hikes aluminium ingots prices by INR 2,000/t ($25/t)

Hindalco has increased primary aluminium ingots (P1020, 99.7%) prices by INR 2,000/t ($25/t) today against 8 Nov’22. Current prices are at INR 218,500/t ($2,673/t) exw, excluding GST. The positive opening of LME prices by 0.32% today could be the reason behind the price hike. However, Balco’s prices remain unchanged at INR 224,500/t ($2,747/t).


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