With effect from 01 July 2017
MOIL has fixed/revised prices of different grades of Manganese Ore, effective from 01 July 2017 as under -1) The prices of various grades of Manganese Ore have been revised, the average increase being 4.6% on an weighted average basis.
2) MOIL have reduced the free credit facility from 90 days to 60 days in case of payment made through L.C/Bank Guarantee and for advance payment/credit balance, cash discount is reduced from 1.5% to 1% for the sale of all grade of Manganese ore except the grade of ore sold through e-sales.
3) The prices of Electrolytic Manganese Dioxide (EMD) have been increased by 5% on the prices prevailing during June'2017.
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