Revises Prices Of Manganese Ore – MOIL


By Monday State Owned manganese ore mining company MOIL said that it revises prices of different grades from July 1st 2017. The various grades of Manganese ore prices have been revised and its average has been increased by 4.6% and it was said by MOIL in a filing to the Bombay Stock Exchange.

The prices have been increased by 5% of the electrolytic Mananese Dioxide prices, June 2017. MOIL also reduced the free credit facility from 90 days to 60 days in case of payment which was made by the Bank Guarantee for the advance payment, and its cash discount is reduced by the 1.5% to 1% for sale all grades of the manganese ore.

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