India: Hindalco, Balco raise aluminium ingot prices by INR 8,250/t ($99/t)

India's primary producers raised aluminium ingot (P1020, 99.7%) prices by INR 8,250/t ($99/t) today, compared to 24 Sep'24. Post revision, Hindalco's prices stood at INR 250,500/t ($2,959/t) and Balco's were at INR 252,500/t ($3,022/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,551/t.