MOIL Limited announces price adjustments for manganese ore and electrolytic manganese dioxide for Q3 2023-24

MOIL Limited, with stock codes NSE – MOIL and BSE - 533286, has disclosed price revisions for various grades of Manganese Ore and Electrolytic Manganese Dioxide (EMD) effective from October 1, 2023.

Prices for all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been decreased by 1.8% compared to the rates prevailing since September 1, 2023.

Prices for all other Ferro grades of manganese ore with Manganese content below Mn-44%, including SMGR (Mn-30% & Mn-25%), Fines, and Chemical grades, have been increased by 1.5% compared to the rates effective from September 1, 2023.

The basic price of EMD for October 2023 has been reduced from Rs. 2,14,000 per metric ton (PMT) to Rs. 2,09,000 PMT, effective from the midnight of September 30, 2023.