Tag: Ex-Raipur Pellet Index

India: PELLEX Surge by INR 300/WMT in Recent Deals of 36,000 MT Pellets

Dec 20, 2019

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by

Indranath Jha

in Pellets

PELLEX increased by INR 300/MT to INR 6,650/wmt (DAP Raipur) in recent deals reported at increased offers. Pellet deals for around 36,000 MT reported to Raipur and Chandrapur sponge makers. Out of this Raipur pellet marker sold around 32,000 MT at INR 6,500-6,600/MT(Ex-plant); normalizing for freight to Raipur at INR 6,650-6,750/MT (DAP Raipur) and remaining…