India: Balco raises aluminium P1020 ingot prices by INR 5,250/t ($60/t)
Balco, one of India's leading aluminium producers, raised prices of its primary aluminium P1020 (99.7%) ingots by INR 5,250/t ($60/t), effective 11 Jan'25. Balco's revised prices were at INR 261,000/t ($3,028/t), up from INR 256,750/t ($2979/t) on 10 Jan. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,568/t.