The daily Davis Index for P1020 Wednesday rose by Rs500/mt ($6.77/mt) to settle at Rs144,871/mt ex-works India producer after Hindalco increased product prices by Rs1,500/mt ($20.33) on September 29.
The spot aluminium prices on LME rose by $18.5/mt to settle at $1,737/mt on September 28 from September 23.
The Index for ADC 12 Wednesday settled unchanged at Rs147,436/mt ex-works India producer. The index for CG99.5 settled at Rs144,455/mt, up by Rs500/mt from Rs143,955/mt ex-works India producer on Tuesday.
The index for EC rod settled at Rs150,460/mt ex-works India producers, up by Rs584/mt.