Bhutan: Ferro silicon offers rise by INR 6,000/t ($64/t) m-o-m for Apr'26

Ferro silicon offers from Bhutan for Apr'26 have been announced at INR 106,000/t ($1,136/t) exw, up by INR 6,000/t ($64/t) m-o-m. The increase is likely due to recent hike in power tariffs, tight spot availability, and rising logistics costs. Indian sellers, particularly in the northeast, are expected to align with the revised offer levels.