Home / Metal News / Aluminium / China Manganese Ore Market Movement (2013-2-22)
China Manganese Ore Market Movement (2013-2-22)
Feb 22,2013 19:27CST
price review forecast
Source:SMM
Global manganese ore producers are optimist towards economic outlook in China, and have positive expectation on Chinese market.

SHANGHAI, Feb. 22 (SMM) -- Overseas market: According to statistics from Statistics South Africa, manganese ore output in South Africa fell by 3.1% YoY, and output in December in South Africa fell 7.5% MoM. However, South Africa’s seasonally-adjusted manganese ore output index rose by 1.2% MoM, which is compared to 12% growth and 8.7% decline in November and October 2012 respectively. Carajás plant manganese ore output posted 523,000 mt in 4Q, up 5.3% on a quarterly basis, which was due to production resumption in 4Q. Urucum manganese ore output in 4Q reported the highest level since 1Q 2006, up 7.1% compared to 3Q, which was mainly due to commission of new equipment.

Domestic market: Based on SMM survey result, imports of manganese ore in north markets were brisk than those in north market. Mainstream prices of manganese ore in north market were RMB 2/mtu higher than in south market, leaving arbitrage opportunities, which attracted traders to ship goods to north market.

Transactions at port: Traders' willingness to keep prices firm is strong, and downstream alloy producers’ willingness to keep prices firm is strong, stagnating transactions. Transactions were still made in small amounts.

Global manganese ore producers are optimist towards economic outlook in China, and have positive expectation on Chinese market. They try to hike manganese ore prices by controlling manganese ore supply. Domestic manganese ore traders are also bullish towards manganese ore market outlook, but any growth will be limited in the short term.


Grade
Feb.22 Price
(RMB/mtu)
Feb.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
South Africa
(medium Fe, lump)
Mn45% Fe12%
39.5-40
39.5-40
Tianjin port, Lianyungang
 
South Africa (carbonate manganese ore, lump)
Mn38% Fe5%
41.5-43
41.5-43
Tianjin port, Lianyungang
 
Mn38% Fe5%
41-41.5
41-41.5
Qincheng port, Fangchenggang port
South Africa
Mn38% Fe5%
-
-
Tianjin port
 
Mn38% Fe5%
-
-
Zhanjiang port, Fangchenggang port
South Africa (fines)
Mn38% Fe5%
-
-
Tianjin port
 
Mn38% Fe5%
-
-
Qinzhou port
Australia (lump)
Mn46%
45.5-46.5
45.5-46.5
Tianjin port, Lianyungang
 
Mn46%
45-46
45-46
Qinzhou port, Zhanjiang port
Australia (lump)
Mn48%
46.5-47
46.5-47
Tianjin port
 
Mn48%
46.5-47
46.5-47
Qinzhou port, Zhanjiang port
Australia (high Si, lump)
Mn36% Si20%
45.5-49
45.5-49
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
45-45.5
45-45.5
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
41.5-42
41.5-42
Qinzhou port
 
Australia (high Fe, lump)
Mn32% Fe20%
41-41.5
41-41.5
Tianjin port
 
Australia (granule)
Mn48%
-
-
Tianjin port, Lianyungang
 
Mn48%
-
-
Qinzhou port
Mn50%
-
-
Qinzhou port
Mn50%
-
-
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%
44-44.5
44-44.5
Qinzhou port, Zhanjiang port
 
Mn44-45%
42-43
42-43
Tianjin port, Lianyungang
Brazil (fines)
Mn44-45%
-
-
Tianjin port
Mn44-46%
38-39
38-39
Zhanjiang port

China manganese ore market
manganese ore

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

    timeApr 28, 2020 21:34timezoneCST
    timeApr 28, 2020 19:42timezoneCST
    timeApr 28, 2020 19:34timezoneCST
    timeApr 28, 2020 18:54timezoneCST
    timeApr 28, 2020 18:13timezoneCST
    timeApr 28, 2020 18:13timezoneCST
    timeApr 28, 2020 17:54timezoneCST
    timeApr 28, 2020 18:24timezoneCST
    timeApr 28, 2020 16:51timezoneCST
    timeApr 28, 2020 16:38timezoneCST