The response of Karnataka manganese ore auction in India was mediocre
Time:Thu, 06 Jan 2022 16:07:10 +0800
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On December 31, 2021, MSTC Karnataka held an online manganese ore auction on behalf of Sandur Mines (SMIORE), with a total of 10080 tons and a grade of 26-34%. Seven companies participated in the bidding and booked a total of 8064 tons of manganese ore, with the price 2.73% higher than the base price. Due to sufficient inventory and the expected further decline in prices, participants' purchase intention is not strong.
