The daily Davis Index for P1020 Tuesday rose by Rs667/mt ($8.88/mt) to Rs143,838/mt from Rs143,171/mt ex-works India producer Monday, after Nalco published its product notice on August 1, in line with the rise in spot aluminium prices on LME.
Nalco increased its product prices by Rs2,000/mt ($26.63/mt) on August 1 from July 24 in line with the spot aluminium prices on LME. The LME spot aluminium prices rose by $24.5/mt to $1,685.5/mt on July 31 from $1,661/mt on July 23.
The index for ADC 12 Tuesday settled at Rs146,761/mt, up by Rs1,000/mt from Rs145,761/mt Monday ex-works India producer.
The index for CG99.5 Tuesday settled at Rs143,421/mt , up by Rs666/mt from Rs142,755/mt Monday ex-works India producer Monday.
The index for EC rod Tuesday settled at Rs149,343/mt, up by Rs667/mt from Rs148,676/mt, ex-works India producer Monday.