P-DRI (FeM 80%) prices in Raipur dropped by INR 100/t to INR 34,100/t exw today. Prices fell owing to low demand but suppliers are optimistic about prices due to surging coal prices.
- A few deals were reported at INR 34,000-34,200/t against offers at INR 34,000-34,400/t on exw and FOR Raipur basis.
- In the last two days, resellers have also been aggressive to conclude deals at competitive prices.
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