MOIL Limited Decreases Manganese Ore Prices by 5-6% for June 2026
MOIL Limited has revised manganese ore prices for June 2026. Prices for Ferro grades (Mn 44% and above) decreased by 6%, and other Ferro grades, Chemical, SMGR, and Fines decreased by 5%. Specific Fines ore codes (BGF534, KDF393, UKF532) prices continue, while BG4584 Ferro grade decreased by 10%. EMD prices remain unchanged.
The price reduction affects key product grades, which could have a noticeable impact on the company's financial performance in the short term. However, the continuation of prices for some specific grades and EMD mitigates the overall impact.
The company has announced a decrease in prices for several grades of manganese ore, which is generally a negative development for revenue and profitability.
MOIL Limited has announced revisions in the prices of various grades of Manganese Ore and other products, effective from June 1, 2026. The company has decreased prices for all Ferro grades of manganese ore with a Manganese content of 44% and above by 6%. Similarly, prices for other Ferro grades with Manganese content below 44%, Chemical grades, SMGR grades, and Fines have been reduced by 5%. These revised prices are applicable from the midnight of May 31, 2026, to June 1, 2026, for the month of June 2026, based on the prices prevailing since May 1, 2026.
Additionally, the prices for specific ore codes of Fines, namely BGF534, KDF393, and UKF532, have been continued for June 2026. For Ferro grade BG4584, the price has been decreased by 10% compared to the prices prevailing since May 1, 2026. The basic price for EMD remains at ₹1,80,000 per PMT for June 2026, and the basic price for EMD flakes is ₹1,71,000 for the same month.
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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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