China Manganese Ore Market Movement (2013-1-6)

Jan 6, 2013 20:14

Source:SMM

Inquiries from alloy producers increased due to pre-holiday stock replenishment demand, but their price acceptance was low

SHANGHAI, Oct. 6 (SMM) -- Inquiries from alloy producers increased due to pre-holiday stock replenishment demand, but their price acceptance was low. According to SMM sources, supply of goods at ports was limited, as traders were reluctant to move goods amid low profits. In addition, most alloy producers directly import goods from overseas market, depressing traders importing interest. Most traders feel at loss for future price outlook.

In north market, higher offers of mainstream manganese ore from Australia, Gabon and Brazil reflected tight supply of good in market.

In south market, supply of goods was relatively ample. Offers from selected traders were higher, but traded prices were flat from a day earlier.

Most alloy producers were replenishing stocks for preparation of production in February and March.

Origin	Grade	Jan.6 Price (RMB/mtu)	Jan.5 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
South Africa (carbonate manganese ore, lump)	Mn38% Fe5%	39-39.5	39-39.5	→	Qincheng port, Fangchenggang port
South Africa	Mn38% Fe5%	35.5-36	35.5-36	→	Tianjin port
South Africa	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
South Africa (fines)	Mn38% Fe5%	33-33.5	33-33.5	→	Qinzhou port
Australia (lump)	Mn46%	43-44	43-44	→	Tianjin port, Lianyungang port
Australia (lump)	Mn46%	42.5-43	42.5-43	→	Qinzhou port, Zhanjiang port
Australia (lump)	Mn48%	44-45	44-45	→	Tianjin port
Australia (lump)	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
Australia (granule)	Mn44%	─	─	→	Qinzhou port, Zhanjiang port
Gabon (lump)	Mn44-45%			→	Tianjin port, Lianyungang port
Gabon (lump)	Mn44-45%	─	─	→	Qinzhou port, Zhanjiang port
Brazil (lump)	Mn44-45%	40	39.5-40	↑0.25	Qinzhou port, Zhanjiang port
Brazil (lump)	Mn44-45%	39.5-40	39.5-40	→	Tianjin port, Lianyungang port
Brazil (fines)	Mn44-45%			→	Tianjin port
Brazil (fines)	Mn44-46%	37-37.5	37-37.5	→	Zhannjiang port

China manganese ore market

manganese ore

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China Manganese Ore Market Movement (2013-1-6)

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