Tag: Raipur Pellet prices

India: PELLEX remains stable amid cautious demand, downside pressure persists

May 15, 2026

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by

Adarsh Sahu

in Pellets

Marginal improvement in sponge iron sentiment caps decline Fuel, logistics costs create market uncertainty among buyers PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 9,900/t ($103/t) DAP on 15 May (Friday) against 12 May. BigMint recorded two deals totalling around 20,000 t, concluded at INR 9,850-9,950/t ($103-104/t) exw-Raipur by…