India: BigMint’s pellet export index falls $4/t amid weak sentiments

BigMint’s India pellet (Fe 63%, 3-3.5% Al) export index (FOB east coast) dropped by $3.5/t w-o-w to $102.5/t on 1 Oct’25. There were no export deals concluded in the sea market this week, resulting in silent deal sentiments. A few suppliers offered higher-grade cargo, but these remained unsold due to a disparity in bid offers as Chinese buyers are on holiday.


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