PELLEX stable at INR 5,900/wmt (DAP Raipur) amid Diwali festive holidays.
No pellet deals reported in the domestic marketRaipur based pellet offer stable at INR 5,800/MT( Ex-plant); normalizing for freight to Raipur at INR 5,950/MT (DAP Raipur).
Raigarh based pellet makers kept pellet offers stable at INR 5,500-5,600 (Ex-plant), normalizing freight to Raipur at INR 6,150-6,250/MT (DAP Raipur).
No pellet export deal reported in this publishing window. In Central India the export market is semi-liquid, therefore export realization factor has been ignored in the computation of PELLEX.
Considering land cost of Lump and other factors like yield, conversion cost etc for NMDC and Orissa; the substitute parity price for Pellet is INR 5,920/MT (DAP Raipur).
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