India: Mill scale prices show diverging trends in key regions

Mill scale prices inched up in Kandla but fell in Raipur.

  • Kandla: Prices inched up by INR 100/t to INR 7,600/t DAP against 27 Aug – 7,800 t were booked at INR 7,400-7,650/t DAP. Prices rose amid active export demand, with some aggressive offers witnessed in the seaborne market.
  • Raipur: Prices dipped by INR 50/t to INR 6,150/t exw against 27 Aug; around 1,100 t were traded.