NALCO has increased the price of P1020 (99.7% ingot) by INR 2,300/t ($27/t) on 1 August 2024, after a consistent decline in price over the last few updates. NALCO’s prices are at INR 2,21,500/t ($2,654/t) from INR 2,19,200/t ($2,618/t) on 30 Jul’24. Prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,293/t.
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