NALCO sells aluminium at $84.60/T premium-source

BHUBANESWAR, India, Oct 15 (Reuters) - India's National Aluminium Co Ltd (NALCO) sold 4,500 tonnes of aluminium ingots at a premium of $84.60 per tonne over the LME cash price on a CIF basis, a company source said on Thursday. The buyer was Noble Resources, said the official who has direct knowledge of the deal but could not be named due to company policy. The shipment would complete in three months starting from October, the source added. NALCO, whose tenders serve as an international benchmark, sold aluminium ingots at a premium of $90.18 per tonne at the end of September to Hong Kong's Hongfan International Ltd, the source said. In the latest tender, which closed on Oct. 14, there were four bidders. (Reporting by Jatindra Dash)