China Manganese Ore Market Movement (2014-8-13)-Shanghai Metals Market

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China Manganese Ore Market Movement (2014-8-13)

Price Review & Forecast 05:09:09PM Aug 13, 2014 Source:SMM

SHANGHAI, Aug. 13 (SMM) –  

Manganese Ore Market: 
Traders at the Port of Tianjin raised offers of Gabonese manganese ore by RMB 0.2-0.3/mtu on Wednesday. The availability of such ore was low at the port, which allowed traders to ask for higher prices. Downstream producers, however, refrained from buying at higher prices. 

Silicomanganese Alloy Market:
Silicomanganese alloy supply is growing. Demand from steel mills, however, has been weak. As a result, bearishness is growing in silicomanganese alloy markets, prompting some producers to begin destocking.

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

Origin

Grade

Aug. 13 Price

(RMB/mtu)

Aug. 12 Price

(RMB/mtu)

Price Change

Port

Notes

 

Australia

lump (Mn47-48%)

33.3-33.5

33.3-33.5

Tianjin

 

 

lump (Mn47-48%)

34

34

Qinzhou, Zhanjiang

 

South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

29.5

29.5

Tianjin, Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

29.5

29.5

Qinzhou, Fangchenggang

 

Brazil

lump (Mn44-45%)

30.2-30.5

30.2-30.5

Qinzhou, Zhanjiang

 

 

lump (Mn44-45%)

30-30.5

30-30.5

Tianjin, Lianyungang

 

Malaysia

lump (Mn33% Fe10%)

26.5-26.8

26.5-26.8

Tianjin

 

 

lump (Mn33% Fe10%)

26.5-26.8

26.5-26.8

Zhanjiang, Qinzhou

 

Notes: prices in the table refer to mainstream traded prices.

 
 

China Manganese Ore Market Movement (2014-8-13)

Price Review & Forecast 05:09:09PM Aug 13, 2014 Source:SMM

SHANGHAI, Aug. 13 (SMM) –  

Manganese Ore Market: 
Traders at the Port of Tianjin raised offers of Gabonese manganese ore by RMB 0.2-0.3/mtu on Wednesday. The availability of such ore was low at the port, which allowed traders to ask for higher prices. Downstream producers, however, refrained from buying at higher prices. 

Silicomanganese Alloy Market:
Silicomanganese alloy supply is growing. Demand from steel mills, however, has been weak. As a result, bearishness is growing in silicomanganese alloy markets, prompting some producers to begin destocking.

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

Origin

Grade

Aug. 13 Price

(RMB/mtu)

Aug. 12 Price

(RMB/mtu)

Price Change

Port

Notes

 

Australia

lump (Mn47-48%)

33.3-33.5

33.3-33.5

Tianjin

 

 

lump (Mn47-48%)

34

34

Qinzhou, Zhanjiang

 

South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

29.5

29.5

Tianjin, Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

29.5

29.5

Qinzhou, Fangchenggang

 

Brazil

lump (Mn44-45%)

30.2-30.5

30.2-30.5

Qinzhou, Zhanjiang

 

 

lump (Mn44-45%)

30-30.5

30-30.5

Tianjin, Lianyungang

 

Malaysia

lump (Mn33% Fe10%)

26.5-26.8

26.5-26.8

Tianjin

 

 

lump (Mn33% Fe10%)

26.5-26.8

26.5-26.8

Zhanjiang, Qinzhou

 

Notes: prices in the table refer to mainstream traded prices.