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China Manganese Ore Market Movement (2013-3-15)
Mar 15,2013 19:24CST
smm insight
Source:SMM
Kupang Resources announced Thursday that it was a step closer to manganese production in Indonesia after the Kupang JV obtained final approval for manganese lump production.

SHANGHAI, Mar. 15 (SMM) -

Domestic market:
Spot manganese ore suppliers at Chinese ports began to lower prices. An RMB 0.5-1/mtu price cut was reported on South African mixed carbonate manganese ore (lump), Australian manganese ore (Mn44%, lump) and other classes of manganese ore. Bearish sentiment continued to dominate spot markets. With a large quantity of imported manganese ore arriving at ports in late March and manganese alloy prices meeting strong resistance at RMB 7,000/mt, spot manganese ore prices at ports should remain under downward pressure.  

Transactions:
In northern ports, sales volumes of mixed carbonate manganese ore were higher, with some of the goods being long-term contracts ordered earlier. Traded price was down RMB 0.5-1/mtu on a weekly basis. In southern ports, spot manganese ore prices were under downward track, with few transactions completed.

Trading volumes of manganese ore were relatively high among ferrous metals, but traded prices fell. However, only a RMB 2-3/mtu price decline was reported from earlier levels as overseas suppliers have held offers firm.  

Origin
Grade
Mar.15 Price
(RMB/mtu)
Mar. 14 Price
(RMB/mtu)
Price Change
Region
Note
South Africa
(high Fe, lump)
Mn32% Fe20%
38.5-39.5
38.5-39.5
Tianjin port
 
Mn32% Fe20%
38.5
38.5
Qinzhou port
Mn35-36% Fe18%
39-40
39-40
Qinzhou port, Zhanjiang port
 
Mn35-36% Fe18%
38-38.5
38-38.5
Tianjin port, Lianyungang port
South Africa
(medium Fe, lump)
Mn45% Fe12%
39.5-40
39.5-40
Tianjin port, Lianyungang port
 
South Africa (mixed carbonate manganese ore, lump)
Mn38% Fe5%
41
41-41.5
↓0.25
Tianjin port, Lianyungang port
 
Mn38% Fe5%
40-40.5
41-41.5
↓1
Qinzhou port, Fangchenggang
South Africa (mixed carbonate manganese ore, granule)
Mn38% Fe5%
40
40
Tianjin port
 
Mn38% Fe5%
-
-
Zhanjiang port, Fangchenggang
South Africa (mixed carbonate manganese ore, fines)
Mn38% Fe5%
38
38-38.5
↓0.25
Tianjin port
 
Mn38% Fe5%
37.5-38
38-38.5
↓0.5
Qinzhou port
Australia (lump)
Mn46%
45.5-46.5
45.5-46.5
Tianjin port, Lianyungang port
 
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%
45.5-47
45.5-47
Tianjin port
 
Australia (high Si, lump)
Mn36% Si20%
45-45.5
45-45.5
Qinzhou port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
41.5-42
41.5-42
Tianjin port
 
Australia (medium Fe, lump)
Mn36-37% Fe16%
41-41.5
41-41.5
Qinzhou port
 
Australia (high Fe, lump)
Mn32% Fe20%
37-37.5
37-37.5
Tianjin port
 
Australia (high Fe, lump)
Mn29% Fe27%
35-37
35-37
Tianjin port
 
Australia (granule)
Mn48%
47
47
Tianjin port, Lianyungang port
 
Mn48%
42-43
42-43
Qinzhou port
Mn50%
43-43.5
43-43.5
Qinzhou port
Mn50%
48-48.5
48-48.5
Tianjin port, Lianyungang port
Australia (lump)
Mn44%
-
-
Tianjin port, Lianyungang port
 
Mn44%
41.5-42
41.5-42
Qinzhou port, Zhanjiang port
Gabon (lump)
Mn44-45%
44-47
44-47
Tianjin port, Lianyungang port
 
Mn44-45%
41-42
41-42
Qinzhou port, Zhanjiang port
Gabon (granule)
Mn44-45%
-
-
Tianjin port, Lianyungang port
 
Mn44-45%
38-39
38-39
Qinzhou port
Brazil (lump)
Mn44-45%
40-41
40-41
Qinzhou port, Zhanjiang port
 
Mn44-45%
44-45
44-45
Tianjin port, Lianyungang port
Brazil (fines)
Mn44-45%
-
-
Tianjin port
Mn44-46%
37-37.5
37-37.5
Zhanjiang Port

   
 

spot manganese ore prices

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