MOIL Limited has informed the Exchange about Information relating to fixation of price of different grades of Manganese Ore.
MOIL · price
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MOIL Limited, a Government of India Enterprise and producer of manganese ore, has revised prices for all grades of Manganese Ore effective 1st May 2026. All product categories including Ferro grades (Mn-44% and above and below), SMGR grades, Fines grades, and Chemical grades have seen a uniform price reduction of 4% from the previous rates effective from 1st April 2026. The basic price of Electrolytic Manganese Dioxide (EMD) remains unchanged at Rs. 1,80,000 per PMT. This is a routine quarterly price revision as per the company's business practice.
A 4% across-the-board price reduction for all manganese ore grades could pressure MOIL's revenue and margins in Q1 FY27, indicating possible softening demand or competitive pricing pressures in the manganese ore market.