SHANGHAI, Apr. 26 (SMM) -
Macro News:
The standing Committee of the Political Bureau of the Central Committee of the CPC held a conference on April 25. The meeting highlighted stabilization in macro policies and flexibility in micro policies. Enterprises should transform from extensive growth model to intensive growth model and focus on product renovation.
Domestic market:
BHPB’s offers of manganese ore for departure in May and June were the same, depressing Chinese importers. Coupled with pressure from steel producers for lower silicomanganese alloy prices, importing manganese ore can be quite risky. Manganese ore traders are suggested to import non-mainstream goods from Southeast Asia and surrounding countries of South Africa.
Transactions:
Trading activity in both northern and southern ports was tepid, and offers varied greatly. The inflows of non-mainstream manganese ore weighted down spot manganese ore prices.
|
Origin
|
Grade
|
Apr. 26 Price
(RMB/mtu)
|
Apr. 25 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%
|
44
|
44
|
→
|
Tianjin port, Lianyungang port
|
|
|
South Africa (mixed carbonate manganese ore, lump)
|
Mn38% Fe5%
|
39-39.5
|
39-39.5
|
→
|
Tianjin port, Lianyungang port
|
|
|
Mn38% Fe5%
|
39.5
|
39.5
|
→
|
Qinzhou port, Fangchenggang
|
||
|
South Africa (mixed carbonate manganese ore, granule)
|
Mn38% Fe5%
|
38-38.5
|
38-38.5
|
→
|
Tianjin port
|
|
|
Mn38% Fe5%
|
-
|
-
|
→
|
Zhanjiang port, Fangchenggang
|
||
|
South Africa (mixed carbonate manganese ore, fines)
|
Mn38% Fe5%
|
37-37.5
|
37-37.5
|
→
|
Tianjin port
|
|
|
Mn38% Fe5%
|
37.5
|
37.5
|
→
|
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
|
45.5
|
→
|
Tianjin port
|
|
|
Australia (high Si, lump)
|
Mn36% Si20%
|
45
|
45
|
→
|
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%
|
42-42.5
|
42-42.5
|
→
|
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%
|
42-42.5
|
42-42.5
|
→
|
Tianjin port
|
|
|
Mn44-46%
|
-
|
-
|
→
|
Zhanjiang Port
|
For more information on how to access our research reports, please email service.en@smm.cn
No Data
