MOIL hikes manganese ore prices by 5% across most grades for February 2026

State-owned MOIL Ltd on Sunday (February 1) said it has revised the prices of different grades of manganese ore for the month of February 2026 in the January–March 2026 quarter, with the changes effective from February 1, 2026.

The company increased the prices of all Ferro grades of manganese ore with manganese content of 44% and above by 5% over the prices prevailing since January 1, 2026. Prices of all other Ferro grades with manganese content below 44% have also been raised by 5% for February 2026, except for grade BG4584, where January 2026 prices have been continued.

MOIL said prices of SMGR (Mn-30%) and Fines grades have been increased by 5% for February 2026 compared with prices prevailing since January 1, 2026. Prices of SMGR (Mn-25%) grades will continue at January 2026 levels for February. Similarly, prices of SMGR (Mn-20%) grades have been kept unchanged for the month.

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The company has raised prices of all Chemical grades by 5% for February 2026 on prices prevailing since January 1, 2026. For Metal Mandi Fines, prices of DBF575 and MSF592 have been continued for February 2026, while prices of UKF532 have been increased by 10% compared with January levels.

MOIL also said the basic price of Electrolytic Manganese Dioxide (EMD) has been maintained at ₹1,90,000 per metric tonne for February 2026, unchanged from January 2026. All revised and continued prices will be effective from midnight on January 31, 2026, to February 1, 2026.

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Shares of MOIL Ltd ended at ₹345.40, down by ₹33.40, or 8.82%, on the BSE.