India’s domestic manganese ore prices are likely to witness a downward correction in September, 2024, as per BigMint’s forecast. On average, prices have fared better in 2024 compared to last year. For instance, over January-July, 2024, priced averaged over INR 16,300/tonne ($194/t) against a lower INR 13,000/t ($155/t) in the same period last year. However, these did start improving from May, climbing to over INR 17,000/t ($203/t) but fell back again especially from August to around INR 15,000/t ($179/t) levels.
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