Author: Rahul Roshan
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India: Domestic silico manganese prices fall on limited buying activity
Waning demand squeezes domestic silico manganese prices Cautious buying leads to decline in weekly trade volumes Producers plan production cuts amid declining margins Domestic silico manganese prices experienced a significant w-o-w downward correction (INR 2,500/t or $68/t) in a cautious market. Buyers had enough stocks and thus were less interested in procuring. BigMint’s assessment on…