[Ferro-Alloys.com]In mid-July, producers in India are quoted /traded the export price for silicon manganese 6014 at USD725-730/mt on FOB basis. Silicon manganese grade 6516 was trading at USD800-810/mt FOB. The export price of ferromanganese 75 was USD800/mt(on certain intensive Categories like A,B,C).For countries that are not getting export benefits in these categories, the price was USD15/mt higher.
Export prices have been established after cutting off export incentives. The worries are that, expoty buyers, reportedly, have no interest in India-origin material because Indian producers are not seen as price competitive compared to others at this juncture.
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- [Editor:Sophie]
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