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China Manganese Ore Market Movement (2015-1-14)

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Manganese Ore Market: 
Some manganese ore traders at China’s ports are planning to cut offers against tight cash. Traders are cautious about importing manganese ore now that downstream production has shown no signs of a turnaround. Manganese ore consumption at the Port of Tianjin is slightly better than other ports.  
 
SiMn Alloy Market: 
Baosteel has finalized its purchasing price of SiMn alloy for delivery in January and February at RMB 6,150/mt (by acceptance, tax included, delivery to factory), with purchasing volumes in excess of 1,000 mt. Zenith Steel Group Company cut SiMn alloy purchasing price for delivery in January by RMB 230/mt to RMB 6,150/mt (tax included, delivery to factory), with purchasing volumes at 10,000 mt. 
 
Prices of imported manganese ore are shown in the table below:   
 
 

Origin

Grade

Jan. 14 Price

(RMB/mtu)

Jan. 13 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

29-29.5

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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