China Manganese Ore Market Movement (2013-1-29)-Shanghai Metals Market

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China Manganese Ore Market Movement (2013-1-29)

SMM Insight 05:23:15PM Jan 30, 2013 Source:SMM

SHANGHAI, Jan. 29 (SMM) -- In China’s manganese ore market, suppliers were still reluctant to move goods.

With regard to macroeconomic environment, cash flow is relatively ample and fixed-assets investment in 2013 will increase. It is widely expect that fixed assets investment by local governments will grow by at least 20%.

With regard to steel market, inventories continued to grow, iron ore prices fell and crude steel output slightly increase, suggesting that China’s steel market already hit bottom.

Based on SMM survey result, manganese ore in Tainjin port and south ports were ordered by long-term contract, so new transactions were limited. Traders expect that manganese ore market may improve in February and March.

Transactions were still in small volume and manganese ore prices are poised to rise.

Grade
Jan.29 Price
(RMB/mtu)
Jan.28 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
South Africa
(medium Fe, lump)
Mn45% Fe12%
39-39.5
39-39.5
Tianjin port, Lianyungang
 
South Africa (carbonate manganese ore, lump)
Mn38% Fe5%
40.5-41.5
40.5-41.5
Tianjin port, Lianyungang
 
Mn38% Fe5%
40-41
40-41
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
 
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
 
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
Australia (granule)
Mn44%
Tianjin port, Lianyungang
 
Mn44%
Qinzhou port, Zhanjiang port
Gabon (lump)
Mn44-45%
Tianjin port, Lianyungang
 
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
Brazil (fines)
Mn44-45%
 
 
Tianjin port
Mn44-46%
37.5-38
37.5-38
Zhanjiang port

Key Words:  China manganese ore    
Relative News

Price

more
1# Zinc
Oct.22
18930.0
-40.0
(-0.21%)
0# Zinc
Oct.22
19000.0
-40.0
(-0.21%)
T/C for domestic zinc concentrate
Oct.01
6325.0
0.0
(0.00%)
T/C for imported zinc concentrate
Oct.01
280.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Oct.22
19900.0
-40.0
(-0.20%)

China Manganese Ore Market Movement (2013-1-29)

SMM Insight 05:23:15PM Jan 30, 2013 Source:SMM

SHANGHAI, Jan. 29 (SMM) -- In China’s manganese ore market, suppliers were still reluctant to move goods.

With regard to macroeconomic environment, cash flow is relatively ample and fixed-assets investment in 2013 will increase. It is widely expect that fixed assets investment by local governments will grow by at least 20%.

With regard to steel market, inventories continued to grow, iron ore prices fell and crude steel output slightly increase, suggesting that China’s steel market already hit bottom.

Based on SMM survey result, manganese ore in Tainjin port and south ports were ordered by long-term contract, so new transactions were limited. Traders expect that manganese ore market may improve in February and March.

Transactions were still in small volume and manganese ore prices are poised to rise.

Grade
Jan.29 Price
(RMB/mtu)
Jan.28 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
South Africa
(medium Fe, lump)
Mn45% Fe12%
39-39.5
39-39.5
Tianjin port, Lianyungang
 
South Africa (carbonate manganese ore, lump)
Mn38% Fe5%
40.5-41.5
40.5-41.5
Tianjin port, Lianyungang
 
Mn38% Fe5%
40-41
40-41
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
 
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
 
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
Australia (granule)
Mn44%
Tianjin port, Lianyungang
 
Mn44%
Qinzhou port, Zhanjiang port
Gabon (lump)
Mn44-45%
Tianjin port, Lianyungang
 
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
Brazil (fines)
Mn44-45%
 
 
Tianjin port
Mn44-46%
37.5-38
37.5-38
Zhanjiang port

Key Words:  China manganese ore