NALCO reduced prices of primary aluminium ingots P1020 (99.7%) by INR 2,600/t ($30/t) on 7 Sep’24. Post-revision, NALCO’s prices stood at INR 233,500/t ($2,809/t) compared to INR 236,100/t ($2,840) on 1 Sep’24. Prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,342/t.
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