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China Manganese Ore Market Movement (2013-2-1)

iconFeb 1, 2013 12:54
Source:SMM
Downstream silicomanganese alloy producers almost completed stock replenishments, so transactions were sparsely reported.

SHANGHAI, Feb. 1 (SMM) -- Downstream silicomanganese alloy producers almost completed stock replenishments, so transactions were sparsely reported. Based on SMM survey result, prices for silicomanganese alloy were almost flat with production costs, so producers’ willingness to halt production increased. However, given the high costs rising out from production halts, some alloy producers in south China still struggled to maintain production.

Grade
Jan.31 Price
(RMB/mtu)
Jan.30 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%
45.5-46
45.5-46
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%
42-43
41
1.5
Qinzhou port, Zhanjiang port
 
Mn44-45%
41-42
40.5-41
0.75
Tianjin port, Lianyungang
Brazil (fines)
Mn44-45%
 
 
Tianjin port
Mn44-46%
38-39
37.5-38
0.75
Zhanjiang port

China manganese ore market

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