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China Manganese Ore Market Movement (2015-1-7)

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Manganese Ore Market: 
Prices for South African semi carbonate manganese ore rose by RMB 0.45/mtu at China’s Tianjin and Lianyungang ports on Wednesday. South African ore is more popular than others, and its supply is tight due to falling import volumes. This allowed its prices to go up. Inbound shipments of such ore are expected to fall further. 

SiMn Alloy Market: 
Falling procurement prices offered by steel mills have left many SiMn alloy producers mired in losses. Many producers in north China are thus considering cutting or halting production. 

Prices of imported manganese ore are shown in the table below:  

 

Origin

Grade

Jan. 7 Price

(RMB/mtu)

Jan. 6 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%)

28.7-29

28.3-28.5

↑0.45

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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