National Aluminium Company (NALCO) has reduced primary aluminium ingots (P1020, 99.7%) prices by INR 1,400/t ($17/t) today against prices on 19 Oct. The effective prices now stand at INR 210,700/t ($2,563/t) exw. The factor that could be attributed towards price adjustments was the lower prices of other primary players. However, major exchanges like LME, SHFE, and MCX witnessed a positive trend today.
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