Tag: India: Silico manganese export price faces headwinds from surplus supply and slowing demand

Chinese exporters adopt aggressive pricing strategy Demand from Europe shows no signs of recovery Indian silico manganese export offers fell marginally by approximately $15/tonne (t) w-o-w, primarily due to weak global demand and surplus supply. These factors, along with Chinese exporters’ aggressively low offers, have led to bearish sentiments dominating the market. BigMint’s assessment on…