BHUBANESWAR Oct 4 India's state-run National
Aluminium Co (NALCO) has sold 3,000 tonnes of
aluminium ingots at $242 per tonne premium over the average LME
cash price on a cost, insurance and freight (CIF) basis, two
company sources said on Thursday.
The metal will be shipped to the Singapore-based buyer in
six batches of 500 tonnes each from November to April.
NALCO, whose tenders serve as a global benchmark, last sold
12,000 tonnes of aluminium ingots at close to $223 per tonne
premium over the average LME cash price on CIF basis to a
European buyer in July.
(Reporting by Jatindra Dash; Editing by Jijo Jacob)