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Indian ferromanganese prices have slightly decreased

Time:Mon, 04 Nov 2024 22:51:25 +0800

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The price of Indian ferromanganese (HC70%) decreased by about 700 Indian rupees per ton (8 US dollars per ton) on a weekly basis, with Raipur factory selling at 68,500 Indian rupees per ton (814 US dollars per ton) and Durgabur factory selling at 900 Indian rupees per ton (11 US dollars per ton) to 68,100 Indian rupees per ton (809 US dollars per ton). The sustained sluggish market demand and low acceptance of high quotes have led to a decrease in prices. In addition, the FOB price of manganese iron (HC 75%) at Visakapatnam and Khordia ports is $927/ton, a decrease of $3 compared to the previous period.
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