- Aluminium majors raise ingot prices amid firmer LME trends
- Domestic aluminium prices extend upward momentum
NALCO increased its primary aluminium ingot (P1020, 99.7%) prices by INR 6,100/t ($67/t) on 27 May’26, tracking firmer global aluminium market trends. Following the latest revision, prices rose to INR 411,000/t ($4,291/t) from INR 404,900/t ($4,227/t) on 20 May’26. The prices are quoted on an ex-works basis and exclude GST.
BALCO also increased its primary aluminium ingot (P1020, 99.7%) prices by INR 7,250/t ($76/t) on 27 May’26, with prices rising to INR 426,000/t ($4,451/t) from INR 418,750/t ($4,375/t) on 26 May’26. Meanwhile, Hindalco raised its primary aluminium ingot (P1020, 99.7%) prices by INR 3,250/t ($34/t) to INR 424,250/t ($4,433/t) on 27 May’26, up from INR 421,000/t ($4,399/t) on 23 May’26.
Meanwhile, benchmark three-month aluminium futures on the London Metal Exchange (LME) were trading at $3,673/t as of 12:20 IST, up 0.63% d-o-d.
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