Author: Nidhi Awasthi
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India: PELLEX rises INR 200/t ($2/t) on tight availability
Material shortage supports further price hike Buyers resist higher levels amid limited trade activity PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63% ± 0.5%) index for Raipur, increased by INR 200/t ($2/t) to INR 11,800/t ($122/t) DAP Raipur on 6 October 2026 as compared to the last assessment on 1 October. The latest increase was primarily…