Indian ferrosilicon suppliers were benefited from Bhutan's blockade and raised their quotations significantly. However, as Bhutan’s resumption in supply, Guwahati’s price has begun to fall. The prices were expected to return to normal within this week.

At present, Bhutanese manufacturers mainly focus on supplying for previous orders so that the supply is limited. In addition, the problem of lack of labor in logistics due to the epidemic still exists. However, local producers are optimistic about the future, and they think it is a perfect moment to deal with large amounts of inventory.

Some of India’s urgent orders still go for Guwahati’s resources, but the ferrosilicon manufacturers there didn't lower the price yet due to insufficient supply.

Source: Yieh