India Silico Manganese Export fall by 20% M-o-M in Sep’16

Indian Silico Manganese export stood at 36,814 MT in Sep’16 which fell by 20% M-o-M. In Aug’16 Silico Manganese export registered 46,100 MT. Falling export is a result of rising Silico manganese prices in domestic market. Notably it has increased by 20 % in last few months.

The maximum quantity of exports were from Japan (6,618 MT) in Sep’16 followed by Italy (5,553 MT).

In FY17 (April-Sep’16) total exports have been recorded at 204,541 MT (0.20 MnT). In FY16 India exported around 0.67 MnT Silico manganese.

Country Wise India’s Silico Manganese Export

Importing Country Apr’16 May’16 Jun’16 Jul’16 Aug’16 Sep’16 Total
Japan   3,225 5,217    3,831  4,458 7,109 6,618 30,456
Italy 2,125 2,870  3,864 6,359 6,520 5,553 27,291
Taiwan 2,716 6,622 2,297 1,580 2,900 2,775 18,890
Thailand 3,329 2,096 2,583 2,253 1,762 2,498 14,521
Pakistan 3,007 3,112  837 1,329 2,624 1,953  12,862
Bangladesh 3,462 1,467 1,236 1,439 1,634 2,875  12,113
Others 5,883 9,679 13,544 21,209 23,552 14,542  88,409
Total 23,746 31,063 28,192 38,627 46,100 36,814 204,541

Qty in MT
Source: Customs Data

silico-manganese-export-graph


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