Moneycontrol PRO
HomeNewsTrendsManagementExpect caustic prices to cool down going ahead: NALCO

Expect caustic prices to cool down going ahead: NALCO

In an interview to CNBC-TV18, TK Chand, CMD of NALCO spoke about aluminium prices and the latest happenings in the company.

February 22, 2018 / 15:21 IST

In an interview to CNBC-TV18, TK Chand, CMD of NALCO spoke about aluminium prices and the latest happenings in the company.

Chand said that Q3 aluminium prices averaged around USD 2,100 per tonne.

He further said that we are seeing some increase in input prices that will support price of final product.

Talking about caustic soda, he said the current caustic soda price is around Rs 39,000 per tonne. However, we expect caustic prices to cool down going ahead, he added.

Chand also mentioned that we are expecting aluminium realisations to improve this year.

We will be making 13 shipments in Q4, he said.

Watch accompanying video for more details.

CNBC-TV18
first published: Feb 22, 2018 03:07 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347