India: The export price of silicon and manganese has slightly decreased in recent transactions

Due to weak market sentiment, the export prices of Indian silicon manganese have generally remained stable. According to a survey by Hainan West Asia Group, the FOB price for grades 60 14 is 840 US dollars per ton, a decrease of 6 US dollars per ton; The FOB price for grades 65 16 is 932 US dollars per ton.
In the past few months, due to limited demand in the global steel market, India's export demand has been suppressed, which has affected the export prices of silicon manganese. According to sources, the downturn in the silicon manganese market is due to the limited demand for steel in other regions of the world. The demand in the export market is weak, and the quantity of export inquiries with lower FOB prices of 910-920 US dollars per ton has increased, keeping prices basically unchanged.

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