Vedanta, an aluminum producer in India, announced to raise the prices of aluminum ingots to INR 170,000-183,000/ton starting from January 5, 2021, which surged by INR 6,250/ton from the prices on January 1. The prices have previously been declined for three times in a row.
The LME three-month aluminum prices are usually linked to the prices of aluminum products by India’s producers. The LME aluminum futures have been in an upward trend since October 2020.
India’s Vedanta raises aluminum ingot prices from Jan 5
7 Jan 2021 15:58 reported by Joy Liu
- A
- A
- A