The daily Davis Index for P1020, Wednesday, rose by Rs1,416/mt ($19.25/mt) to settle at Rs230,921/mt ex-works India producer after Balco raised product prices by Rs4,250/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 Rs233,886/mt ex-works India producer, up by Rs2,125/mt.
While the index for CG 99.5 gained Rs1,417/mt to settle at Rs230,505/mt ex-works India producer.
The daily Davis Index for EC Rod increased by Rs1,417/mt to settle at Rs236,093/mt ex-work India producer.