Tag: aluminium price movement
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India: Aluminium prices slip w-o-w as futures ease despite global supply concerns
Softer futures, adequate availability keep domestic trading steady Domestic premiums remain stable at $300-310/t above LME cash Domestic aluminium prices in India edged lower w-o-w, pressured by a dip in LME and MCX aluminium futures, even as global supply concerns persisted. The marginal correction came despite stable domestic availability, indicating that softer international price cues…