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China Manganese Ore Market Movement (2013-1-23)

iconJan 23, 2013 15:32
Source:SMM
Most manganese alloy producers almost completed stock replenishment.

SHANGHAI, Jan. 23 (SMM) -- Most manganese alloy producers almost completed stock replenishment. As manganese ore prices have been hovering around high level and since prices for alloy were stale, production costs at alloy producers, especially small and medium producers, increased. Baosteel has raised ex-works steel prices for the fourth consecutive month, suggesting that steel market begins to recovery. However, SMM believes that overcapacity will continue to restrict steel prices.

Tight supply still reported. However, arrivals of goods to port in January will increase from a month earlier.

Due to sousing difficulty, some SMEs planned to halt production.
 

Origin
Grade
Jan.23 Price
(RMB/mtu)
Jan.22 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%
40.5-41.5
40-40.5
0.75
Tianjin port, Lianyungang port
 
Mn38% Fe5%
40-41
40
0.5
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
Zhanjiang port

China manganese ore price

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