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China Manganese Ore Market Movement (2013-1-9)

iconJan 9, 2013 18:18
Source:SMM
In China’s manganese ore market, inquiries were still brisk, but transactions were limited as traders were reluctant to move goods.

SHANGHAI, Jan. 9 (SMM) -- In China’s manganese ore market, inquiries were still brisk, but transactions were limited as traders were reluctant to move goods. According to SMM sources, China’s imports of manganese ore in 2012 slightly fell compared with 2011, but China’s dependence on overseas manganese ore still increased by 2 percentage points. In addition, inventories of manganese ore at ports were still low, further lending support for manganese ore prices.

According to SMM sources, goods were largely purchased by alloy producers and limitedly purchased by traders.

In north ports, transactions for carbonate manganese ore from South Africa slightly increased. In south ports, transactions were limited.

Origin
Grade
Jan.9 Price
(RMB/mtu)
Jan.8 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%
40
39.5-40
0.25
Tianjin port, Lianyungang port
 
Mn38% Fe5%
39.5-40
39.5
0.25
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%
44
44
Tianjin port, Lianyungang port
 
Mn46%
42.5-43
42.5-43
Qinzhou port, Zhanjiang port
Australia (lump)
Mn48%
45
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%
40
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

China manganese ore price
China manganese ore market

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