India: Balco increases aluminium P1020 ingot prices by INR 1,750/t ($20/t)

Balco, one of India's leading aluminium producers, increased prices of its primary aluminium P1020 (99.7%) ingots by INR 1,750/t ($20/t), effective 9 May'25. Balco's revised prices are at INR 243,000/t ($2,846/t), up from INR 241,250/t ($2,825/t) on 8 May. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,426/t.