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China Manganese Ore Market Movement (2013-1-21)

iconJan 21, 2013 18:06
Source:SMM
However, SMM believes that manganese ore prices are unlikely to remain firm when arrivals increase in middle February.

SHANGHAI, Jan. 21 (SMM) -- Downstream alloy sector remained stable. Inquiries for imported manganese ore were limited, and transactions of manganese ore were largely made in small amounts, with stagnant prices reported. According to SMM sources, overseas manganese ore supplies are optimistic towards Chinese market and they tried to keep prices firm by controlling supply. Some manganese ore arrived at ports, but supply for spot manganese was limited, which was partly due the imported manganese ore was purchased alloy producers and partly due to traders’ reluctance to move goods. However, SMM believes that manganese ore prices are unlikely to remain firm when arrivals increase in middle February.

Origin
Grade
Jan.21 Price
(RMB/mtu)
Jan.18 Price
(RMB/mtu)
Price Change
Region
Note
South Africa
(high Fe, lump)
Mn32% Fe20%
38-38.5
38-38.5
Tianjin port
 
Mn32% Fe20%
38.5
38.5
Qinzhou port
Mn35-36% Fe18%
38.5
38.5
Qinzhou port, Zhanjiang port
 
Mn35-36% Fe18%
38-38.5
38-38.5
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%
40-40.5
40-40.5
Tianjin port, Lianyungang port
 
Mn38% Fe5%
40
40
Qincheng port, Fangchenggang port
South Africa
Mn38% Fe5%
36-37
36-37
Tianjin port
 
Mn38% Fe5%
36
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%
44-44.5
44-44.5
Tianjin port, Lianyungang port
 
Mn46%
43-43.5
43-43.5
Qinzhou port, Zhanjiang port
Australia (lump)
Mn48%
45-45.5
45-45.5
Tianjin port
 
Mn48%
44-44.5
44-44.5
Qinzhou port, Zhanjiang port
Australia (high Si, lump)
Mn36% Si20%
41-41.5
41-41.5
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
40-41
40-41
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
41
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%
41
40-41
↑0.5
Qinzhou port, Zhanjiang port
 
Mn44-45%
40.5-41
40-40.5
↑0.5
Tianjin port, Lianyungang port
Brazil (fines)
Mn44-45%
 
 
Tianjin port
Mn44-46%
37.5-38
37.5-38
Zhannjiang port

 

China manganese ore price

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