MOIL Limited has informed the Exchange regarding 'Submission of information relating to fixation of different grades of Manganese Ore'.
MOIL · price
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Awaiting price reaction for this filing.
MOIL has revised prices of various grades of Manganese Ore effective 1 June 2025. Prices of most Ferro grades (Mn-44% and above as well as below) and SMGR Mn-30% have been cut by 5%. SMGR Mn-25% grades (except DBL456) have been reduced by 10%, while DBL456 has been cut by 15%. Most Fines grades are also down 5%, though three specific fines (GMF569, KDF393, KDF4566) have been hiked by 5% to 10%. Chemical grade prices and the basic EMD price of Rs.2,05,000 per metric tonne remain unchanged from May 2025. This is a routine monthly/quarterly price revision disclosure.
Broad-based price cuts of 5–15% across major manganese ore grades are likely to weigh on realisations and revenue in the near term, though selective hikes in a few fines grades and steady EMD/chemical prices provide some cushion. The cut may be interpreted as reflecting softer demand or market prices, which could be mildly negative for the stock.