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The export price of silicon manganese from India has experienced a period of stability after a recent downturn. This stability can be attributed to limited port trade activities and a lack of new export inquiries at high price levels. The FOB price of silicon manganese 6516 remained stable at $977/ton, with a slight increase of $15/ton on a weekly basis. The FOB price of silicon manganese 6014 remains stable at $844/ton, with a slight increase of $12/ton on a weekly basis.
Due to limited demand for high-grade manganese alloys, the price of imported manganese ore has risen, and sellers are passively maintaining the same price. A trader stated that the market is sluggish due to a lack of confirmed transactions and purchase inquiries from traditional overseas markets.