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BIGMINT

India: Aluminium prices rise w-o-w on firm MCX and LME trends

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Aluminium ingot

Stock image for referential purposes only

Domestic aluminium prices in India increased w-o-w as of 7 May 2026, supported by firmer trends on the London Metal Exchange (LME) and the Multi Commodity Exchange of India (MCX).

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As per market assessments, P1020 ingot prices in Delhi NCR rose by INR 4,500 per tonne, or 1.2 per cent, W-o-W to INR 375,000 per tonne on 7 May. Similarly, Mumbai prices increased by INR 3,000 per tonne, or 0.8 per cent, W-o-W to INR 374,000 per tonne during the same period.

How did Indian and global exchanges perform?

Domestic aluminium futures on the Multi Commodity Exchange of India increased W-o-W by INR 4,080 per tonne, or 1.1 per cent, to INR 369,080 per tonne, indicating improved momentum in the domestic market despite intra-week volatility.

Last updated on : 08 MAY 2026

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