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China Manganese Ore Market Movement (2013-3-18)
Mar 18,2013 18:22CST
smm insight
Source:SMM
Manganese prices in Europe have remained mostly flat in the past month.

SHANGHAI, Mar. 18 (SMM) -

Domestic market:
Prices of imported manganese ore fell back, especially South African mixed carbonate manganese ore in both southern and northern ports as cargo holders cut offers against tepid downstream demand. Some market players told SMM that they are now selling in small amounts and will not lower offers sharply since they have only ordered a limited quantity of goods for long-term contracts.

Transactions:
In northern ports, manganese alloy producers said that prices for high-grade manganese ore fell some, but were still considered high, so trading volumes of such manganese ore were thin. Most of the goods bought fall into South African mixed carbonate manganese ore, Australian manganese ore (lump) and goods from Turkey and Cote d'Ivoire. In southern ports, demand was anemic. Traded prices in the region were RMB 2-3/mtu lower than in northern ports, but trading remained light.

Manganese ore available for sale at ports were in tight supplies, lending some support to manganese ore prices. That being said, cargo holders will sell off inventories should they suffer liquidity crunch. In this context, buyers may as well purchase on an as-needed basis. 
   

Origin
Grade
Mar.18 Price
(RMB/mtu)
Mar. 15 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%
41.5-42
41.5-42
Tianjin port, Lianyungang port
 
Mn38% Fe5%
41-41.5
41-41.5
Qinzhou port, Fangchenggang
South Africa (mixed carbonate manganese ore, granule)
Mn38% Fe5%
40-40.5
40-40.5
Tianjin port
 
Mn38% Fe5%
-
-
Zhanjiang port, Fangchenggang
South Africa (mixed carbonate manganese ore, fines)
Mn38% Fe5%
38-39
38-39
Tianjin port
 
Mn38% Fe5%
38-38.5
38-38.5
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

latest manganese ore prices in China

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