Tag: India pellet export index
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India: Pellet export index falls by $3/t w-o-w as Chinese buying weakens
Firm offers floated by suppliers but bid-offer gap persists Buyers cautious about fresh deals, on wait-and-watch mode Pellet export prices in the Indian seaborne market have fallen by $2-3/t over the past few days, pressured by weak buying interest from Chinese mills and deteriorating market sentiment. The downtrend has created cautious trading behaviour on both…