Tag: aluminium stock drawdown

India: Aluminium prices ease w-o-w following weakness on LME and MCX, tight inventories limit downside

May 1, 2026

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by

Aditi Sen

in Aluminium, Non Ferrous

Prices correct after recent upward momentum Exchange-led weakness pushes aluminium lower Domestic aluminium prices in India declined week-on-week as of 30 April 2026, tracking softer trends on the London Metal Exchange (LME) and Multi Commodity Exchange of India. As per market assessments, P1020 ingot prices in Delhi NCR fell by INR 7,000/t, or 2%, w-o-w…