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China Manganese Ore Market Movement (2013-1-22)

iconJan 22, 2013 17:52
Source:SMM
In China’s manganese ore market, inquiries were moderate, and transactions were made in small amount.
SHANGHAI, Jan. 22 (SMM) – In China’s manganese ore market, inquiries were moderate, and transactions were made in small amount. Based on result of SMM survey, most secondary traders had no supply, while first-hand traders were reluctant to move goods at existing prices. Most market players believe that manganese ore prices will rise further after Chinese New Year holiday. SMM believes that manganese ore will not maintain upward momentum when arrivals of manganese ore increase after Chinese New Year holiday.
 
Supply of goods is still tight in south and north market, which will lend support for manganese ore prices in the short term.

Origin
Grade
Jan.22 Price
(RMB/mtu)
Jan.21 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
41
Qinzhou port, Zhanjiang port
 
Mn44-45%
40.5-41
40.5-41
Tianjin port, Lianyungang port
Brazil (fines)
Mn44-45%
 
 
Tianjin port
Mn44-46%
37.5-38
37.5-38
Zhannjiang port

China manganese ore market

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