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.
Indicative data — for illustration only
Plan rate (₹/kg)
321.79
USD/INR
93.04
Daily change
+0.14%
Aluminium Overview
IndicativeLME Cash
$3,458.8
USD/MT
MCX Near
₹321.8
/kg
USD/INR
93.04
FX
Day Range
$3,444.6–3,484.8
USD/MT
Derived forward curve in ₹/kg
Why aluminium is hard
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.
The old workflow
Check 6–8 sites and ping brokers for levels
Convert USD/MT to ₹/kg; eyeball FX and carry
Pick a 'close enough' contract month
Wait for supplier circulars under time pressure
Verify MTM & Margin Calls separately
Patch spreadsheets; P&L aligns at month‑end
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)
We never say "buy now." We frame: consider locking physical / layer hedge / hold & monitor.
Contract Picker
Indicative guide — select a delivery month to see which exchange prompt typically aligns. Not a trading recommendation.
For a May delivery, the indicative hedge prompt is May 3rd‑Wed on LME and May on MCX.
Carry impact ≈ ₹0.8–1.2/kg. FX sensitivity: ±0.5 in USD/INR ≈ ±₹0.7/kg.
Indicative only — actual contract selection depends on settlement dates, liquidity, and your broker. Consult your broker before placing trades.
Frequently Asked Questions
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.
Disclaimer: All prices, rates, and market data displayed on this page are indicative and provided for informational purposes only. They do not constitute investment advice, a solicitation, or a recommendation to buy, sell, or hold any commodity, security, or financial instrument. Aeonis Technology Private Limited (NOVAEX) makes no representation or warranty as to the accuracy, completeness, or timeliness of the information presented. Market data is sourced from third-party providers and may be delayed or differ from actual traded prices. Users should independently verify all data and consult qualified financial, legal, or tax advisors before making any trading or investment decisions. NOVAEX shall not be liable for any loss or damage arising from reliance on the information provided herein. Past performance is not indicative of future results. Use of this page is subject to our Terms of Service and Privacy Policy.