MOIL Ltd revises price of Manganese Ore from April 1, 2022

In line with the business practice of fixing/revising prices of Manganese Ore, Electrolytic Manganese Di-oxide (EMD) and other products, MOIL Limited has fixed / revised prices of different grades of Manganese Ore and other products, effective from 01.04.2022 as under.

- The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been increased by 20% on the price prevailing since 01.03.2022 w.e.f. midnight of 31.03.2022 / 01.04.2022.

- The prices of all other Ferro grades of manganese ore with Manganese content less than Mn-44% have been increased by 10% on the price prevailing since 01.03.2022 w.e.f. midnight of 31.03.2022 / 01.04.2022.

- The prices of all Manganese ore SMGR(Mn-30% & Mn-25%) and Fines have been increased by 7.5% on the price prevailing since 01.03.2022 w.e.f. midnight of 31.03.2022 / 01.04.2022.

- The prices of all Chemical grades of manganese ore have been increased by 10% on the price prevailing since 01.03.2022 w.e.f. midnight of 31.03.2022 / 01.04.2022.

- The basic price of Electrolytic Manganese Di-oxide (EMD) has been increased from Rs.1,15,000 to Rs.1,21,000/- w.e.f. midnight of 31.03.2022 / 01.04.2022.

- Ferro Manganese / Ferro Manganese Slag and some identified grades of Manganese ore will continue to be sold by e-auction as well as through Metal Mandi (M3) of MSTC, in line with the existing policy.

Shares of MOIL Limited was last trading in BSE at Rs. 189.55 as compared to the previous close of Rs. 184.45. The total number of shares traded during the day was 109719 in over 2885 trades.

The stock hit an intraday high of Rs. 195.00 and intraday low of 185.10. The net turnover during the day was Rs. 20901253.00.

Source : Equity Bulls

Keywords

MOIL INE490G01020 Mining PriceRevision ManganeseOre