NEW DELHI (Commodity Online): The state run National Aluminium Cooperation Ltd (NALCO)(BSE: NALCO : 532234, NSE: ), to supply 240,000 tonnes of alumina to Switzerland-based buyer at 16.39% of the London Metal Exchange (LME) price on Free on board (FOB) basis.
NALCO has finalised a long-term export contract and the switzerkand based company would receive the consignment in Batches in January and December in 2012, reported The Economic Times
Earlier, the NALCO had signed export contract with London-based buyer at 16.2% of the LME aluminium price on a FOB basis.
On LME, the Aluminum was trading at $2030 per ton on Friday 11th November.
On BSE, the NALCO traded down 2.25% or Rs 1.35 to Rs 58.55 on 14th November at 12:20 IST.
