India: ferro silicon price up as producers go out of stock

Indian Ferro Silicon prices have risen sharply in the northeastern region amid a shortage of Ferro Silicon. Most of the Ferro Silicon producers are overbooked for the month. Whereas, few producers in Guwahati are holding material as they expect the prices to rise further.

A Guwahati based producer shared that they have huge orders in hand and they are also supplying in the spot market due to recent increase in the prices and with the present supply shrinkage from Bhutan the prices in Guwahati is ought to shoot up further. Meanwhile, the domestic market of Ferro Silicon