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India: Pellet export prices up $7/t w-o-w on decent seaborne demand

Source: BigMint Dec 06, 2024 10:00

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Domestic-export margin shrinks in last few days. Chinese portside pellet inventory drops w-o-w.

Indian pellet export prices have surged sharply in the past one week, driven by active deals in the seaborne market and demand for January delivery ahead of the Chinese New Year holidays. Market participants attribute this trend to the continuous positive movement in the global fines spot and futures

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