Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The daily Davis Index for P1020 Thursday went up  by Rs666/mt ($8.88/mt) to settle at Rs146,171/mt ex-works India producer on August 6 from Rs145,505/mt on August 5 ex-works India producer Wednesday, after Balco increased ts prices by Rs2,000/mt ($26.68/mt) in line with the rise in spot aluminium prices on LME.

The LME spot aluminium prices rose by $29.5/mt to settle at $1,739/mt on August 5 from $1,709.5/mt a day prior. 

The index for ADC 12 Thursday settled at Rs149,011/mt ex-works India producer, up by Rs1,000/mt from Rs 148,011/mt on Wednesday. 

The index for CG99.5 Thursday settled at Rs145,755/mt, up by Rs667/mt from Rs145,088/mt ex-works India producer Wednesday. 

The index for EC rod Thursday settled at Rs151,676/mt from Rs151,0103/mt Tuesday, up by Rs666/mt ex-works India producer Wednesday. 


($1= Rs74.94)

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