SHANGHAI, Jan. 5 (SMM) -- In China’s manganese ore market, inquiries were quiet. Shipments of goods were smooth despite of bad weather in winter. According to SMM sources, some traders in south China were reluctant to move goods, waiting for price increase in the future. SMM believes that spot prices meet resistance to advance further in the medium term, but may still increase in the short term due to holiday factor.
At north ports, traders began to move newly-arrived manganese ore imported from South Africa and kept offers flat. However, offers of manganese ore from Gabon grew to RMB 41/mtu. At south ports, some manganese ore imported from Namibia arrived at ports.
Origin
|
Grade
|
Jan.5 Price
(RMB/mtu)
|
Jan.4 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
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