Aluminium, from volatility to visibility.

Clean ₹/kg pricing, supplier triggers, and hedge alignment in one view—so you secure material at the right time and carry less risk.

Plan rate (₹/kg)

237.80

USD/INR

83.42

Next supplier window

Likely 24–48h

Aluminium Overview

Sample

LME Cash

$2,465

USD/MT

MCX Near

₹237.8

/kg

USD/INR

83.42

FX

Carry

+₹0.9

/kg

₹/kgDate

Derived forward curve in INR/kg

Why aluminium is hard

Reality check

Fragmented sources

LME, MCX, RBI FX, supplier circulars, broker chat—nothing reconciles by default.

Month mismatch

Delivery windows rarely match hedge prompts; hidden basis creeps in.

FX drag

₹ moves can erase 'good' LME moves; manual conversions slow decisions.

Supplier rules

NALCO/Hindalco/Vedanta triggers differ. Missing one means missed windows.

Spreadsheet risk

Unit errors and stale cells; weak audit and version control.

Working capital

Margin calls vs premiums—without early alerts, exits turn costly.

How teams cope

The old workflow

  1. 1

    Check 6–8 sites and ping brokers for levels

  2. 2

    Convert USD/MT to ₹/kg; eyeball FX and carry

  3. 3

    Pick a 'close enough' contract month

  4. 4

    Wait for supplier circulars under time pressure

  5. 5

    Verify MTM & Margin Calls separately

  6. 6

    Patch spreadsheets; P&L aligns at month‑end

Clarity in one place

How Novaex changes this

Contract Picker

Map delivery to LME 3M/3rd‑Wed or MCX month; see carry & date alignment.

Price Hygiene

Turn LME to clean ₹/kg with USD/INR overlay and contango/backwardation.

Supplier Signal Watch

Live check of NALCO/Hindalco/Vedanta triggers with pre‑alerts.

Hedge Windows

AI surfaces when to consider locking physical vs layering hedges.

One‑tap RFQs

Send structured RFQs to brokers; timestamped and audit‑ready.

Position Sync

Physical, hedges, and FX in one ledger; reconciled MTM and exposure.

Supplier Triggers

At‑a‑glance status for leading suppliers. (Sample data)

NALCO
Likely change soon
Hindalco
Watch (₹1250 rule)
Vedanta/BALCO
Steady

We never say "buy now." We frame: consider locking physical / layer hedge / hold & monitor.

Contract Picker

Align delivery to exchange prompts to avoid basis surprises. (Sample)

For November 2025, hedge mapping suggests Nov 3rd‑Wed on LME and November on MCX.

Carry impact ≈ ₹0.8–1.2/kg. FX sensitivity: ±0.5 in USD/INR ≈ ±₹0.7/kg.

Good to know

FAQs

Ready to turn chaos into clarity?

See hedge windows early, align contracts, and keep P&L honest.

Analytics only. You remain the decision maker. Full policy in Terms.