The daily Davis Index for P1020, Tuesday, rose by Rs3,634/mt ($49.49/mt) to settle at Rs229,505/mt ex-works India producer after Nalco and Balco raised product prices by Rs6,400 mt ($87.16/mt) and Rs4,500/mt ($61.28/mt) on Sep 7.
The LME spot aluminium contract settled at $2,745.5/mt on Sept 6 from $2,694.5/mt on Sept 2, up by $51/mt.
The daily Davis Index for ADC 12 settled at Rs231,761/mt ex-works India producer, up by Rs3,200/mt.
While the index for CG 99.5 gained Rs3,633/mt to settle at Rs229,088/mt ex-works India producer.
The daily Davis Index for EC Rod increased by Rs3,634/mt to settle at Rs234,676/mt ex-work India producer.