India’s manganese ore import volume and prices (Apr’22-Feb’24)

India’s manganese ore imports rebounded in February 2024 as total volumes increased by 55% m-o-m to 0.45 million tonnes (mnt) from 0.29 mnt in January, data maintained with BigMint show. It may be recalled that imports had dropped to a 1-year low in January. However, in general, India has imported manganese ore in quantities consistent with its standard import levels every month. Hence, the increase observed in manganese ore imports in February was not an extraordinary rise; it is merely a result of the decrease in imports in January. In fact, the increase in imports occurred on a low base.