MOIL Increases Manganese Ore Prices by 5-10% for Feb 2026
MOIL Limited revised manganese ore prices for February 2026, effective Feb 1. Prices for most Ferro, SMGR (Mn-30%), Fines, and Chemical grades increased by 5%. UKF532 price rose 10%. EMD price remains ₹1,90,000/PMT. Other grades like BG4584 and SMGR (Mn-25%, Mn-20%) prices are continued.
Price increases for key products can positively impact the company's financial performance, affecting its revenue and margins. The impact is considered medium as it applies to a specific month and specific grades.
The company has announced price increases for several grades of manganese ore, which is generally positive for revenue and profitability.
MOIL Limited has announced revisions in the prices of various grades of Manganese Ore for the month of February 2026, effective from February 1, 2026. This announcement pertains to the January-March 2026 quarter.
The prices for all Ferro grades of manganese ore with a Manganese content of Mn - 44% and above have been increased by 5% compared to the prices prevailing since January 1, 2026. Similarly, prices for other Ferro grades with Manganese content below Mn -44% have also seen a 5% increase, with the exception of BG4584, for which the January 2026 price will continue.
Furthermore, prices for SMGR (Mn -30%) and Fines grades have been increased by 5%. However, prices for SMGR (Mn 25%) and SMGR (Mn 20%) grades will remain unchanged from January 2026. The prices for Metal Mandi Fines, specifically DBF575 and MSF592 (excluding UKF532), will also continue at their January 2026 levels. Notably, the price for UKF532 has been increased by 10% for February 2026.
The basic price of EMD has been maintained at ₹1,90,000/- PMT for February 2026. All price revisions are effective from the midnight of January 31, 2026 / February 1, 2026. The company has also informed about a 5% increase in prices for all Chemical grades.
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MOIL Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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