Tag: Indian
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Indian Pellet Offers Uptick on Rising Chinese Demand
On relatively stable global iron ore prices along with the suppressed domestic demand due to wet weather, Indian pellets are being preferred as a feeder. Currently Indian pellet export offers are at around USD 99-100/MT, CFR, China. Freight is also increased from Dhamra to USD 9-9.5/MT. FoB prices are around USD 90-91/MT. An East India…