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India: PELLEX rises INR 300/t ($3/t) around 4-year high on improved bookings, tight supply

Source: BigMint Oct 08, 2026 11:23
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Iron Ore Global
Raipur pellet prices rebound INR 300/t amid improved bookings. Tight spot availability supports firm seller offers
PELLEX, bi-weekly domestic pellet (Fe 63% +/- 0.5%) index for Raipur registered an uptick of INR 300/tonne (t) ($3/t) to INR 11,300/t ($118/t) DAP Raipur on 29 September 2026 against 25 September, hitting over four-year high. This level was last seen on April 2022.   Raipur pellet prices rebounded following improved

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