India's Silico Manganese Export Offers Rise Week-on-Week Amid Higher Ore Costs and Slower Trade
2026-03-25 14:25
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en.Wedoany.com Report on Mar 25th, India's silico manganese export offers have increased week-on-week, driven by rising raw material costs and improving global demand. Tight supply and higher production costs have prompted exporters to raise offers for key grades. According to BigMint's assessment on March 23, 2026, the price for the 65-16 grade rose to $927 per tonne FOB, while the 60-14 grade increased to $833 per tonne FOB.

A trader stated, "FOB offers have risen due to soaring freight rates, but there are hardly any firm inquiries in the market amid the volatility." Imported manganese ore prices have firmed amid tight seaborne supply and steady procurement by alloy producers, with prices for South African, Australian, and Gabonese ores all rising week-on-week.

Overseas buyers are actively procuring against a backdrop of tight global inventories, supporting India's silico manganese export prices. Limited shipping capacity and increased freight costs have pushed up delivered prices. Steady restocking by steel producers in key consumption regions and delays from other producing nations have further tightened supply. Strategic volume management by Indian manufacturers has boosted market confidence, collectively maintaining upward pressure on export prices for major grades.

China's silico manganese prices edged up on March 20, 2026, supported by higher costs and improved steel demand. The silico manganese market remains robust with positive sentiment prevailing, keeping prices firm. The short-term trend points to high-level volatility and a gradual recovery in fundamentals. The export market is expected to continue being supported by steady global demand, constrained supply, rising input costs, cautious procurement, and geopolitical tensions, with prices likely to fluctuate at elevated levels.

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