With increase in prices of Silico Manganese in India, export offers have also increased slightly. Silico Manganese 65/16 is being offered at $1100 /MT FOB East-Coast India, from previous offers of $1080/MT FOB.
One of the largest exporters of Ferro Alloys from India also added that the weakened Rupee against the US dollar was helping exporters but making raw material more expensive.
On similar lines a manufacturer based in central India also confirmed offer prices to be in range of $1100-1105/t FOB east coast.
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