NALCO finalises 300,000 T alumina export contract: sources

India's state-run National Aluminium Co Ltd (NALCO) has finalised a long-term export contract for 300,000 tonnes of alumina for deliveries in 2013 at 16.56 percent of the LME aluminium price on a free on board (FOB) basis, company sources said on Saturday. The Hong Kong- based buyer, whose name was not disclosed by the sources, will receive the alumina in batches between January and December next year.

The company sources declined to be identified because they were not permitted to speak to the media.

NALCO, whose tenders serve as a global benchmark, in September sold 330,000 tonnes of alumina for deliveries in 2013 to a Singapore-based buyer at 16.07 percent of the LME aluminium price on an FOB basis. 

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus