SHANGHAI, Oct. 30 (SMM) -- Offers of manganese ore were firm and prices of certain specification in short supply continued to grow. Mainstream traded prices of Australian granule (Mn 48%) were around RMB 43/mut, while mainstream traded prices of Gabon lump (Mn 44-45%) were around RMB 39/mtu. According to SMM survey result, traders were mixed towards market outlook. Small and medium traders were optimistic, so they hold back goods and increased purchases of long-term contract manganese ore.
In north ports, manganese ore gradually arrived at ports. According to SMM sources, most of the newly-arrived manganese ore has already ordered by producers and traders. In south ports, imported manganese ore will arrive at ports in middle November, but supply of spot manganese ore will also be limited. SiMn alloy prices slightly increased, booting manganese ore market. Therefore, most manganese ore traders would like to move goods at higher prices amid bullish sentiment.
Origin
|
Grade
|
Oct.30 Price
(RMB/mtu)
|
Oct.29 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%
|
41-41.5
|
40.5-41
|
↑0.5
|
Tianjin port, Lianyungang port
|
|
Mn46%
|
40.5-41
|
40-40.5
|
↑0.5
|
Qinzhou port, Zhanjiang port
|
||
Australia (lump)
|
Mn48%
|
41.5-42
|
41-41.5
|
↑0.5
|
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
|
38.5-39
|
→
|
Qinzhou port, Zhanjiang port
|
|
Mn44-45%
|
38-38.5
|
38-38.5
|
→
|
Tianjin port, Lianyungang port
|
||
Brazil (fines)
|
Mn44-45%
|
33-34
|
33
|
↑0.5
|
Tianjin port
|
|
Mn44-46%
|
|
|
|
Zhannjiang port
|
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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