India: Pellet export index rises $4/t w-o-w amid recent global price rally
BigMint's India pellet (Fe 63%, 3% Al) export index (FOB east coast) increased by $4/t w-o-w to $98/t on 30 Oct'24 amid soaring global fines prices. No export deals were concluded in this publishing window, with bid-offer disparities arising from weak demand in China and better domestic realisations. Meanwhile, the global iron ore fines Fe 62% index rose $3/t w-o-w to $103/t CFR China on 29 Oct.