Tag: Ex-Raipur Pellet Index

PELLEX stable at INR 5,900/wmt (DAP Raipur) in recent transactions reported. Pellet deals for around 10,000 MT reported to Raipur market at INR5,800/MT (Ex-plant); normalizing for freight to Raipur at INR 5,950/MT (DAP Raipur). Gujarat based DRI plants actively book pellets from Raipur at a landed cost of Rs 7,800-7,900/t (delivered Kandla). Gujarat based DRI…