Indian Manganese Market is soft

  • Wednesday, June 8, 2016
  • Source:ferro-alloys.com

  • Keywords:Ferro mangnese, silicon manganese
[Fellow]The Indian domestic Market of Manganese Alloys soft now because of sluggish Market & low Demand in the domestic Market. The material is being quoting & trading for 60-14 % at Rs. 44,500/- - Rs. 45,000/- PMT INR Ex- plant basis at Raipur................

The Indian domestic Market of Manganese Alloys soft now because of sluggish Market & low Demand in the domestic Market. The material is being  quoting & trading for 60-14 % at Rs. 44,500/- - Rs. 45,000/- PMT INR Ex- plant basis at Raipur and at Rs. 45,000/- PMT Ex- plant Durgapur and Ferro manganese High Carbon for 70% grade material at Rs. 47,000/- to Rs. 47,500/- PMT INR Ex- plant basis at Raipur and Ex- plant Durgapur。 Yes, The Indian Manganese Alloys prices are soft are now the Producer have a pressure for sale of material in the Domestic Market and Export prices are not lucrative from India However Indian producers try to sale the material in the export Market and the Prices are quoting & trading for 60-14 grade 680-690 USD on FOB basis and 65-15% grade Silicon Manganese at 750-760 USD on FOB basis, The prices for Ferro Manganese High Carbon 70 % Man. grade at USD 690-700 on FOB basis.

The Prices are subject to accept by the foreign buyers, the deciding factor of Alloys Market what foreign buyers customers are willing to pay.

 

As on now the manganese ore prices had not decreases since alloys prices decreases accordingly, there is no clarity in the domestic export Market now, since Indian Ferro Alloys industry depends upon the export again the situation is not good  now for Manganese Alloys Market .(reported by jourlist of ferro-alloys.com in india)

  • [Editor:admin]

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