China Manganese Ore Market Movement (2013-1-5)-Shanghai Metals Market

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China Manganese Ore Market Movement (2013-1-5)

SMM Insight 05:19:48PM Jan 05, 2013 Source:SMM

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

 

Price

more
#1 Refined Cu
Oct.18
46740.0
40.0
(0.09%)
Standard-Grade Copper
Oct.18
46730.0
40.0
(0.09%)
High-Grade Copper
Oct.18
46750.0
45.0
(0.10%)
Guixi copper
Oct.18
46750.0
40.0
(0.09%)
Low-quality copper
Oct.18
46700.0
45.0
(0.10%)

China Manganese Ore Market Movement (2013-1-5)

SMM Insight 05:19:48PM Jan 05, 2013 Source:SMM

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