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China Manganese Ore Market Movement (2012-10-26)

iconOct 26, 2012 12:00
Source:SMM
Offers for manganese ore from downstream alloy producers were relatively brisk and offers for spot manganese ore slightly increased.

SHANGHAI, Oct. 26 (SMM) -- Offers for manganese ore from downstream alloy producers were relatively brisk and offers for spot manganese ore slightly increased, as expectation over price hike increased amid higher offers from overseas suppliers. In south China ports, mainstream offers of spot manganese ore were till firm, with Australian lump (Mn 48%) between RMB 41.5-42/mtu, but supply of this grade manganese ore was rare.

In north China port, large amounts of mixed manganese carbonate ore (Mn 38%) will arrive at Tianjin port recently, which is largely purchased by downstream alloy producers. This grade manganese ore is offered around RMB 36.5/mtu at Tianjin port. Due to ample supply, it is expected that this grade manganese ore may fall. In south China port, some ore delayed at Indonesian port may be shipped to China on the rumor that Indonesian government loosened export restrictions. 
 

Origin
Grade
Oct.26 Price
(RMB/mtu)
Oct.25 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
38-39
Qinzhou port, Zhanjiang port
Gabon (lump)
Mn44-45%
37
37
Tianjin port, Lianyungang port
 
Mn44-45%
Qinzhou port, Zhanjiang port
Brazil (lump)
Mn44-45%
38.5-39
38.5
0.25
Qinzhou port, Zhanjiang port
 
Mn44-45%
38-38.5
38-38.5
Tianjin port, Lianyungang port
Brazil (fines)
Mn44-45%
33
33
Tianjin port
Mn44-46%
 
 
 
Zhannjiang port

manganese ore price
China manganese ore price

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