Indian ferro silicon (70%) prices declined by INR 1,100/t to INR 100,400/t exw-Guwahati since the last assessment on 13 May’24. Similarly, prices in Bhutan also saw a reduction of INR 800/t, reaching INR 99,400/t exw. Prices saw fluctuations this month and this drop can be attributed to subdued market conditions and changes in supply-demand dynamics.
