Bulletin Updates

MMA at a one-year high of Rs 300 — And India is hunting cheap Chinese cargoes – 11 Jun 2026

Jun 11, 2026

Domestic MMA jumped Rs 30/kg in a week to its yearly peak just as buyers, facing short inventory, chase Chinese imports near $1,690/mt CFR WCI against producer offers of $1,750-1,800. The standoff over July shipments will decide whether Rs 300 holds.

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