India: Ferro chrome export tags fall on declining tender prices, weak demand
Indian ferro chrome export prices to China fell by 4 cents/lb w-o-w to 77 cents/lb CNF, driven by TISCO's RMB 400/t ($55/t) tender price drop for Jan'25 and reduced stocking ahead of the Chinese New Year holidays. Prices also declined by 2 cents/lb to 89 cents/lb CNF Tokyo and by 7 cents/lb to 82 cents/lb CNF Busan.