SHANGHAI, Jan. 4 (SMM) -- In China’s manganese ore market, inquiries were quiet after the new year holiday, which was mainly due to lower purchasing interest from Si-Mn alloy producers following lower-than-expected procurement prices from steel mills. It was reported, manganese ore held by traders were limited. Some small and medium traders almost had no goods in hand, and they also had sourcing difficulties for futures manganese ore amid rising prices from overseas market. Some traders would consider importing goods from non-mainstream suppliers such as Chile and North Africa.
It was reported that around 150,000 mt of manganese ore from Brazil, and South Africa will arrive at port.
Transactions were limited amid cautious sentiment in the market.
Origin
|
Grade
|
Jan.4 Price
(RMB/mtu)
|
Dec.31 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%
|
37.5-38
|
37.5-38
|
→
|
Tianjin port, Lianyungang port
|
||
South Africa
(medium Fe, lump)
|
Mn45% Fe12%
|
39-39.5
|
39-39.5
|
→
|
Tianjin port, Lianyungang port
|
|
South Africa (carbonate manganese ore, lump)
|
Mn38% Fe5%
|
39.5-40
|
39.5-40
|
→
|
Tianjin port, Lianyungang port
|
|
Mn38% Fe5%
|
39-39.5
|
39-39.5
|
→
|
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%
|
43-44
|
43-44
|
→
|
Tianjin port, Lianyungang port
|
|
Mn46%
|
42.5-43
|
42.5-43
|
→
|
Qinzhou port, Zhanjiang port
|
||
Australia (lump)
|
Mn48%
|
44-45
|
44-45
|
→
|
Tianjin port
|
|
Mn48%
|
43
|
43
|
→
|
Qinzhou port, Zhanjiang port
|
||
Australia (high Si, lump)
|
Mn36% Si20%
|
40-40.5
|
40-40.5
|
→
|
Tianjin port
|
|
Australia (medium Fe, lump)
|
Mn36-37% Fe16%
|
40-41
|
40-41
|
→
|
Tianjin port
|
|
Australia (medium Fe, lump)
|
Mn36-37% Fe16%
|
40-41
|
40-41
|
→
|
Qinzhou port
|
|
Australia (high Fe, lump)
|
Mn32% Fe20%
|
39-40
|
39-40
|
→
|
Tianjin port
|
|
Australia (granule)
|
Mn48%
|
39
|
39
|
→
|
Tianjin port, Lianyungang port
|
|
Mn48%
|
36.5-37
|
36.5-37
|
→
|
Qinzhou port
|
||
Mn50%
|
42.5-43
|
42.5-43
|
→
|
Qinzhou port
|
||
Mn50%
|
42.5
|
42.5
|
→
|
Tianjin port, Lianyungang port
|
||
Australia (granule)
|
Mn44%
|
─
|
─
|
→
|
Tianjin port, Lianyungang port
|
|
Mn44%
|
─
|
─
|
→
|
Qinzhou port, Zhanjiang port
|
||
Gabon (lump)
|
Mn44-45%
|
|
|
→
|
Tianjin port, Lianyungang port
|
|
Mn44-45%
|
─
|
─
|
→
|
Qinzhou port, Zhanjiang port
|
||
Brazil (lump)
|
Mn44-45%
|
39.5-40
|
39.5-40
|
→
|
Qinzhou port, Zhanjiang port
|
|
Mn44-45%
|
39.5-40
|
39.5-40
|
→
|
Tianjin port, Lianyungang port
|
||
Brazil (fines)
|
Mn44-45%
|
|
|
→
|
Tianjin port
|
|
Mn44-46%
|
37-37.5
|
37-37.5
|
→
|
Zhannjiang port
|
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn