MOIL Limited Revises Manganese Ore Prices for March 2026, Effective March 1st
MOIL Limited announced revised manganese ore prices effective March 1, 2026. Prices for most Ferro grades, SMGR (Mn-30%), and Chemical grades increased by 2%. BGL509 and UKF532 saw a 10% increase. The basic EMD price decreased by ₹10,000 PMT to ₹1,80,000.
Price changes for key products like manganese ore can affect the company's revenue and profitability, as well as the costs for its customers. The mixed nature of the price adjustments warrants a medium impact assessment.
The announcement involves price revisions for various manganese ore grades, with some increases and one significant decrease. The overall impact is mixed, leading to a neutral sentiment.
MOIL Limited has announced revised prices for various grades of Manganese Ore and other products, effective from March 1, 2026. This revision impacts the prices that were prevailing since February 1, 2026.
The company has increased prices by 2% for all Ferro grades of manganese ore with Manganese content of 44% and above, as well as those below 44%. Similarly, prices for SMGR (Mn-30%) and all Chemical grades have also seen a 2% increase.
Prices for SMGR (Mn-25%) grades and Fines will continue at the prevailing rates. For SMGR (Mn-20%) grades, most prices remain unchanged, except for BGL509, which has been increased by 10%. Metal Mandi Fines, specifically DBF575 and MSF592, will also continue at existing prices, with UKF532 seeing a 10% price increase.
Notably, the basic price of EMD has been decreased by ₹10,000 per PMT, from ₹1,90,000 to ₹1,80,000 per PMT, effective from March 1, 2026.
What to do with a filing like this
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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See the model portfoliosA plain-language summary of a public exchange filing by MOIL Limited. Read the original for the full detail.