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India pellet export index rises $2/t w-o-w as freight rates cool-off

Source: BigMint Jun 22, 2026 08:30
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Iron Ore Global
India-China vessel freight rates drop $3/t w-o-w. Bid-offer disparities continue impacting export deal closures
India pellet (Fe 63%, 3-3.5% Al) export index rose by $2/t w-o-w to $100/t FOB east coast on 17 June 2026 against $98/t on 10 June. The overall market tone was weak, although trading activity continued to remain slow as overseas buyers stayed cautious amid weak steel market fundamentals

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