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China Manganese Ore Market (2012-10-23)

iconOct 23, 2012 14:21
Source:SMM
Due to supply shortage of mainstream manganese ore, offers of substitutes, such as manganese ore (Gabon, granule, Mn 44-45%) and manganese ore (Brazil, fines, Mn 44-45%), increased.

SHANGHAI, Oct. 23 (SMM) –Offers of manganese ore rose. Due to supply shortage of mainstream manganese ore, offers of substitutes, such as manganese ore (Gabon, granule, Mn 44-45%) and manganese ore (Brazil, fines, Mn 44-45%), increased. Based on result of SMM survey, out shipping was smooth at ports, but most traders were still cautiously optimistic. Alloy producers in south China had low acceptance towards manganese ore price hike due to rising production costs from electricity price hike.

Cargo-holders moved Brazilian manganese ore RMB 1-1.5/mtu higher at Zhanjiang port, and medium and small traders were profitless at current price and shifted to import other ores. In north China ports, supply of mainstream manganese ore was still limited, as traders only imported goods based on orders received.
 

Origin
Grade
Oct.23 Price
(RMB/mtu)
Oct.22 Price
(RMB/mtu)
Price Change
Region
Note
South Africa
(high Fe, lump)
Mn32% Fe20%
38
38
Tianjin port
 
Mn32% Fe20%
38
38
Qinzhou port
Mn35-36% Fe18%
38-38.5
38-38.5
Qinzhou port, Zhanjiang port
 
Mn35-36% Fe18%
38.5
38.5
Tianjin port, Lianyungang port
South Africa
(medium Fe, lump)
Mn45% Fe12%
39
39
Tianjin port, Lianyungang port
 
South Africa (carbonate manganese ore, lump)
Mn38% Fe5%
36.5-37
36.5-37
Tianjin port, Lianyungang port
 
Mn38% Fe5%
38
38
Qincheng port, Fangchenggang port
South Africa
Mn38% Fe5%
35.5-36
35.5-36
Tianjin port
 
Mn38% Fe5%
35.5-36
35.5-36
Zhanjiang port, Fangchenggang port
South Africa (fines)
Mn38% Fe5%
34-34.5
34-34.5
Tianjin port
 
Mn38% Fe5%
33-33.5
33-33.5
Qinzhou port
Australia (lump)
Mn46%
40.5-41
40.5-41
Tianjin port, Lianyungang port
 
Mn46%
40-40.5
40-40.5
Qinzhou port, Zhanjiang port
Australia (lump)
Mn48%
41-41.5
41-41.5
Tianjin port
 
Mn48%
Qinzhou port, Zhanjiang port
Australia (high Si, lump)
Mn36% Si20%
40
40
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
39.5-40
39.5-40
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
38-39
38-39
Qinzhou port
 
Australia (high Fe, lump)
Mn32% Fe20%
38.5-39
38.5-39
Tianjin port
 
Australia (granule)
Mn48%
39
39
Tianjin port, Lianyungang port
 
Mn48%
36.5-37
36.5-37
Qinzhou port
Mn50%
37
37
Qinzhou port
 
Mn50%
37-39
37-39
Tianjin port, Lianyungang port
Australia (granule)
Mn44%
38-39
38-39
Tianjin port, Lianyungang port
 
Mn44%
38-39
37.5-38
↑0.5
Qinzhou port, Zhanjiang port
Gabon (lump)
Mn44-45%
37
37
Tianjin port, Lianyungang port
 
Mn44-45%
37-38
Qinzhou port, Zhanjiang port
Brazil (lump)
Mn44-45%
38.5
38.5
Qinzhou port, Zhanjiang port
 
Mn44-45%
38
38
Tianjin port, Lianyungang port
Brazil (fines)
Mn44-45%
38
38
Tianjin port
Mn44-46%
38-38.5
38-38.5
Zhannjiang port

manganese ore price
Australia manganese ore
South Africa manganese ore

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