SHANGHAI, Mar. 27 (SMM) -
Domestic market:
Trading activity remained thin in spot manganese ore markets at Chinese ports. Spot manganese ore prices used to rise following the MB Hong Kong Conference, which started only started yesterday. Based on past experience, South China will herald rainy season in April. Construction on infrastructure projects will start in China, boosting demand for steel. In turn, steel mills’ demand for manganese alloy will grow, thereby giving a lift to manganese ore prices. However, there is little chance the same situation will happen any time soon.
To sum up, transaction volumes and prices of spot manganese ore at ports have remained depressing.
Origin
|
Grade
|
Mar.27 Price
(RMB/mtu)
|
Mar. 26 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%
|
40-41
|
41
|
↓0.5
|
Tianjin port, Lianyungang port
|
|
Mn38% Fe5%
|
39.5-40
|
40
|
↓0.25
|
Qinzhou port, Fangchenggang
|
||
South Africa (mixed carbonate manganese ore, granule)
|
Mn38% Fe5%
|
39-39.5
|
39.5-40
|
↓0.5
|
Tianjin port
|
|
Mn38% Fe5%
|
-
|
-
|
↓
|
Zhanjiang port, Fangchenggang
|
||
South Africa (mixed carbonate manganese ore, fines)
|
Mn38% Fe5%
|
38
|
38
|
↓
|
Tianjin port
|
|
Mn38% Fe5%
|
37.5-38
|
37.5-38
|
↓
|
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%
|
45.5-46
|
45.5-47
|
↓0.5
|
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%
|
46.5-47
|
46.5-47
|
↓
|
Tianjin port, Lianyungang port
|
|
Mn48%
|
42-43
|
42-43
|
→
|
Qinzhou port
|
||
Mn50%
|
43
|
43
|
→
|
Qinzhou port
|
||
Mn50%
|
48-48.5
|
48-48.5
|
→
|
Tianjin port, Lianyungang port
|
||
Australia (lump)
|
Mn44%
|
-
|
-
|
→
|
Tianjin port, Lianyungang port
|
|
Mn44%
|
41
|
41
|
↓
|
Qinzhou port, Zhanjiang port
|
||
Gabon (lump)
|
Mn44-45%
|
44-46
|
44-46
|
↓
|
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
|
44
|
↓
|
Tianjin port, Lianyungang port
|
||
Brazil (fines)
|
Mn44-45%
|
-
|
-
|
→
|
Tianjin port
|
|
Mn44-46%
|
37-37.5
|
37-37.5
|
→
|
Zhanjiang Port
|
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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