Jindal SAW has increased pellet (Fe63%) offers by INR 300/t ($4/t) to INR 11,900/t ($143/t) DAP Kandla on 3 May’24, with 10,000 t sales recorded at revised offers. Pellet prices in other key markets also increased by up to INR 400/t ($5/t) over the last two weeks. Offers in Kandla remained supported due to the rise in imported lumps prices.
