Indian pellet export prices rise in recent deals to China

An eastern India-based pellet producer recently finalised two export deals, each for 75,000 t of pellets (Fe63%, 8% SiO2+ Al2O3). The deals were heard to have concluded recently at around $110-110.25/t CFR China for the September shipment, as per BigMint sources. Recovery in global iron ore prices in China have pushed up pellet export prices by $5-7/t in the last couple of trading sessions.


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