India: Pellet producers conclude 125,000 t of pellet export deals on 11 Feb
An Indian pellet-maker concluded around 50,000 t of pellet (Fe 63%, 8% Al2O3, and SiO2) export deals through tender recently at $107-108/t FOB India. Another seller has sold 75,000 tons of pellets (Fe 62%, 3-3.5% Al2O3) for export in the seaborne market, with prices ranging from $108-109/t CFR China. The cargo scheduled for delivery after the Chinese holiday has generated buying interest, which has kept pellet export trading activity strong.