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China Manganese Ore Market Movement (2013-6-5)
Jun 5,2013 14:08CST
smm insight
Source:SMM
In May, 219,600 mt of manganese ore was shipped from the Hedland Port, up 166,600 mt or 314.3% MoM.

SHANGHAI, Jun. 5 (SMM) –

Domestic Market:
Trading volumes of imported manganese ore at ports remained thin, though prices have stabilized.
SMM’s survey found that power tariff in Yunnan has been cut by RMB 0.1/kwh, reducing production costs at silicomanganese alloy producers by some RMB 400/mt. Meanwhile, a RMB 50-100/mt hike in tender prices by Jiangsu Shagang Group and Hebei Iron & Steel Group also stimulated alloy producers to increase operating rates. This will boost demand for manganese ore and help manganese ore prices at ports hold stable or even rise slightly.  

Transactions:
In southern ports, sales volumes of non-mainstream manganese ore such as Malaysian ore increased. In northern ports, inquiries of mainstream manganese ore such as Australian and Brazilian ore were more active than other categories. 

Prices of imported manganese ore are shown in the table below:

Origin
Grade
Jun. 5 Price
(RMB/mtu)
Jun. 4 Price
(RMB/mtu)
Price Change
Region
Notes
Australia (lump)
Mn47-48%
46
46
Tianjin port
 
Mn47-48%
44.5-45
44.5-45
Qinzhou port, Zhanjiang Port
South Africa (mixed carbonate manganese ore, lump)
Mn38% Fe5%
37.5-38
37.5-38
Tianjin port, Lianyungang
 
Mn38% Fe5%
37.5-38.5
37.5-38.5
Qinzhou port, Fangchenggang
Brazil (lump)
Mn44-45%
40-41
40-41
Qinzhou port, Zhanjiang Port
 
Mn44-45%
41-42.5
41-42.5
Tianjin port, Lianyungang
Malaysia (lump)
Mn33% Fe10%
31
31
Tianjin port
 
Mn33% Fe10%
31-31.5
31-31.5
Zhanjiang Port, Qinzhou port
Notes: prices in the table refer to mainstream traded prices.

latest manganese ore prices

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