According to Indian customs data, the number of C32S shipped to China from India’s main ports has fallen rapidly recently, and the weighted average price of departures has increased slightly.
Affected by the dual factors of rising average departure prices and the depreciation of the RMB, the cost of C32S arriving at China’s main ports has risen rapidly after mid-October. The current average price leaving the port is US$2.71/kg. It is expected to arrive in early November, and traders’ warehousing costs will rise to about 22,500 yuan/ton.
In addition, according to the recent external trading situation, the outbound price of C32S in India will fluctuate between 2.70-2.75 US dollars/kg in the short term. A small number of orders may drop to $2.65/kg, but this is not universal. India’s C32S shipments fall, prices rise
