Prices of Indian Silico at The Manganese's HAD been the while AMID A Down for The weak Demand. At The over-Supplied Domestic Market pushed Down at The Silico Manganese's Prices in at The Last couple of months.
HOWEVER, Sources Revealed at The Production in Durgapur that HAD been curtailed Due to The weak at The Prices of Low Alloy and dost?pno?? of the Ore . Also, quite A FEW Silico Manganese's Producers shifted to Their Production Ferro Manganese's or the Chrome Ferro.
Current Offers for at The Indian at The Silico Manganese's Grade 60-14 are INR 56,500 / the MT (Ex-Durgapur) and INR 55,500 / the MT (Ex-Raipur).
At The Export Market the In, Indian Producers have have raised the with the offer Levels in Line at The strengthening of Rupee. Silico Manganese's 60-14 being Offered IS AT USD 830 / the MT-FOB East Coast India, and Silico Manganese's 65-16 being Offered IS AT USD 940 / MT FOB East-coast India.
There IS A Bullish Sentiment in at The Market the with Silico Manganese's Prices Rising in China. The On at The Future Outlook, IN AREAS OF COMMUNICAITIONS Prices Achievable in at The Market Due to Increase in Demand, and Manganese's the Ore the Available AT A Lesser. Price, IT IS expected that Silico Manganese's Production to Rise, to balance demand and supply fundamentals.
- [Editor:admin]
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