Nalco has raised primary aluminium ingots (P1020, 99.7%) prices by INR 3,100/t ($39/t) today against prices on 9 Sep. Effective prices stand at INR 213,500/t ($2,686/t). The company revised offers in response to the price hike announced by other players by INR 2,000/t recently. Also, a slight recovery in spot and futures prices in the last couple of days supported the price hike.
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