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China Manganese Ore Market Movement (2015-1-9)

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Manganese Ore Market: 
Holders of South African semi carbonate manganese ore at the Port of Tianjin raised offers to RMB 29.5/mtu on Friday, due to falling port stocks and inbound shipments. However, most buyers shied away from higher offers. 

SiMn Alloy Market: 
Despite falling SiMn alloy prices, demand remains lackluster. In this scenario, some SiMn alloy producers are mulling over production cuts halts. As such, SiMn alloy output is expected to fall this month. 

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

Origin

Grade

Jan. 9 Price

(RMB/mtu)

Jan. 8 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

28.7-29

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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