SHANGHAI, Apr. 7 (SMM) -
Domestic market:
Manganese ore traders at ports held offers little changed from pre-holiday levels on the first trading day following the Chinese Qingming holiday. Inquires from manganese alloy producers were sparse during the three-day public holiday. Market players explained this is because the CIF price of manganese ore for arrival in mid-to-late April is high, which lent some support to spot manganese ore prices. Besides, firm offers by overseas suppliers also kept traders optimistic over future prices.
Summary:
Trading activity in manganese ore markets will remain stagnant. Traders at ports will hardly lower prices in early April. Therefore, whether demand from manganese alloy producers will improve during the rainy season and demand for finished steel are key factors affecting future manganese ore prices.
Origin
|
Grade
|
Apr. 7 Price
(RMB/mtu)
|
Apr. 3 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
|
40-41
|
↓
|
Tianjin port, Lianyungang port
|
|
Mn38% Fe5%
|
39.5-40
|
39.5-40
|
↓
|
Qinzhou port, Fangchenggang
|
||
South Africa (mixed carbonate manganese ore, granule)
|
Mn38% Fe5%
|
39-39.5
|
39-39.5
|
↓
|
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
|
45.5-46
|
↓
|
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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