India’s primary aluminium producers have increased ingot (P1020, 99.7%) prices by up to INR 8,300/t ($99/t). Nalco’s prices were at INR 245,500/t ($2,932/t), up by INR 8,300/t. Balco’s prices were at INR 250,750/t ($2,995/t). All prices were ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,554/t.
