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India: Ferro silicon prices drop to 2-month low on muted demand; market waits for Bhutan's Jun offers

Source: BigMint May 28, 2026 10:00

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Adequate supplies keep market sentiment weak. BPC maintenance raises Bhutan supply concerns

Indian ferro silicon (Si:70%) prices declined by INR 3,300/tonne (t) ($35/t) w-o-w to INR 102,200/t ($1,071/t) exw-Guwahati on 26 May 2026. Prices fell to their lowest level since March 2026 as demand remained subdued, with most bookings already concluded earlier this month. Buyers were also in wait-and-watch mode, awaiting

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