India: Balco raises aluminium P1020 ingot prices by INR 1,250/t ($15/t)
Balco, one of India's leading aluminium producers, has raised prices of its primary aluminium P1020 (99.7%) ingots by INR 1,250/t ($15/t), effective 19 Sept'24. Balco's new prices are at INR 251,250/t ($3,004/t), up from INR 250,000/t on 17 Sept'24. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,551/t.