MOIL fixes & revises prices of manganese ore & other products

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from June 1
MOIL fixes & revises prices of manganese ore & other products
MOIL fixes & revises prices of manganese ore & other products

New Delhi: State-owned MOIL Limited said in a regulatory filing on Wednesday that it has fixed/revised prices of different grades of Manganese Ore and other products, effective from June 1. "The prices of all grades of manganese ore, including Ferro grade, SMGR (Mn-30 percent and Mn-25 percent), Fines (excluding BGF452, CHF473, and GMF569), and Chemical grades, will remain unchanged from May 1 and will continue for the month of June 2023, taking effect from midnight on May 31/June 1," the filing noted.

Prices of fines for certain grades increased by 10%

However, the prices of grades BGF452, CHF473, and GMF569 have been increased by 10 percent for the month of June, starting from midnight on May 31/June 1, said the filing.

MOIL fixes & revises prices of manganese ore & other products
Q4FY23 results: MOIL's net profit declines by 33.52% on y-o-y basis; board recommends dividend

Price of EMD to remain unchanged

Additionally, the price of Electrolytic Manganese Dioxide (EMD) will remain the same as of May 1 and will continue for the month of June 2023, taking effect from midnight on May 31/June 1. This revision in prices is in line with the company's business practice of fixing and revising prices for its products.

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