Hindalco has decreased primary aluminium ingot (P1020, 99.7%) prices by INR 7,750/t ($99/t) today as against 14 Jun’22. The company’s effective price is INR 227,500/t ($2,914/t). The closing price for the three-month aluminium futures on LME stood at $2,504/t on 16 Jun, down $88/t d-o-d, while cash prices decreased by $80/t to $2,500/t d-o-d yesterday.
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