Indian manganese ore prices might fall by 10-12% in October- Traders

Indian manganese ore prices have been firm for last two months,though industry traders see that prices might correct upto 10-12% in October due to weak demand and high power prices.

There has not been much demand for manganese ore in domestic market,also international prices have gone down.Current prices in domestic market stand at around Rs 254-260 per Mn unit above 40 Mn content and around Rs 240-250 per Mn Unit.