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China Manganese Ore Market Movement (2015-1-12)

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Manganese Ore Market: 
Prices for South African semi carbonate manganese ore rose by RMB 0.4/mtu at the Port of Tianjin and Lianyungang on Monday. Many market players hold bearish views over manganese ore prices at ports, so manganese ore imports are expected to remain low in January. 

SiMn Alloy Market: 
Current low SiMn alloy prices have left meager margins or even incurring losses for SiMn alloy producers. As such, many in north China are mulling over production cuts or halts. The scale of production cuts or closures in north China will be smaller than those in south China, though. 
 
Prices of imported manganese ore are shown in the table below:  

Origin

Grade

Jan. 12 Price

(RMB/mtu)

Jan. 9 Price

(RMB/mtu)

Price Change

Port

Notes

 

Australia

lump (Mn47-48%)

34

34

Tianjin

 

lump (Mn47-48%)

32-32.5

32-32.5

Qinzhou,Zhanjiang

 

South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

29-29.5

28.7-29

↑0.4

Tianjin,Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

29.1-29.2

29.1-29.2

Qinzhou,Fangchenggang

 

Brazil

lump (Mn44-45%)

28.2-28.4

28.2-28.4

Qinzhou,Zhanjiang

 

lump (Mn44-45%)

29

29

Tianjin,Lianyungang

 

Malaysia

lump (Mn33% Fe10%)

27-28

27-28

Tianjin

 

lump (Mn33% Fe10%)

27.5-28

27.5-28

Zhanjiang,Qinzhou

 

Notes: prices in the table refer to mainstream traded prices.

Article Categories:
Metals · Raw materials

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