India: Balco cuts aluminium ingot prices by INR 1,500/t ($17/t)
Balco, a leading Indian primary aluminium producer, reduced ingot (P1020, 99.7%) prices by INR 1,500/t ($17/t) compared to 28 Oct'25. Post-revision, Balco's prices were at INR 289,750/t ($3,284/t). All prices are ex-works, excluding GST. At the time of reporting, aluminium futures on the LME stood at $2,890/t.