There is an upsurge in demand for Ferro Silicon produced by Bhutan. A source at one of the major Ferro Silicon producers in Bhutan revealed that they have concluded deals with German, Italian and Brazilian companies in the last 10 days, in the range of US$ 1300-1500 /MT FOB Bhutan.
In line with the increased prices in Bhutan, Indian producers have also hiked their offers. Current price of Ferro Silicon (70-75) is Rs 70,000 /MT in Guwahati, and in Bhutan Ferro Silicon (grade 70-75) is being offered at around Rs 72,000 /MT.
Prices mentioned are basic.
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