China Manganese Ore Market Movement (2015-3-3)-Shanghai Metals Market

Hot Keywords

  • Nickel market
  • Market commentary
  • Silicon
  • zinc
  • Copper
  • Aluminium
  • Inventory data
  • Zinc
  • Production data
  • Nickel
  • Morning comments
  • MMi Iron Ore Port Index
  • Customs data
  • Silicon metal
  • Nickel pig iron

China Manganese Ore Market Movement (2015-3-3)

Price Review & Forecast 02:38:21PM Mar 03, 2015 Source:SMM
SHANGHAI, Mar. 3 (SMM) –           
 
Manganese Ore Market:
CML cut offers of Australian manganese ore (Mn46%Fe6%SI14%P0.05%) for shipments to China in March by USD 0.45/mtu to USD 3.90/mtu (L/C at sight) and USD 3.95/mtu (usance L/C). Comilog and UMK may follow CML in cutting offers.  
 
SiMn Alloy Market: 
Taiyuan Iron & Steel Group cut 65/17 SiMn alloy procurement price for delivery in March by RMB 121/mt to RMB 5,879/mt (including tax, by acceptance), with purchasing volume at 1,200 mt. Hunan Valin Xiangtan Iron and Steel Co. also cut SiMn alloy procurement price for delivery in March by RMB 120/mt to RMB 6,050/mt (including tax, by acceptance, delivery to factory). 
 
Prices of imported manganese ore are shown in the table below:  
  

Origin

Grade

Mar. 3 Price

(RMB/mtu)

Mar. 2 Price

(RMB/mtu)

Price Change

Port

Notes

 

Australia

lump (Mn47-48%)

32-32.5

32-32.5

Tianjin

 

 

lump (Mn47-48%)

31.8-32

31.8-32

Qinzhou, Zhanjiang

 

South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

28.7-28.9

28.7-28.9

Tianjin, Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

28.2-28.5

28.2-28.5

Qinzhou, Fangchenggang

 

Brazil

lump (Mn44-45%)

27.8-28

27.8-28

Qinzhou, Zhanjiang

 

 

lump (Mn44-45%)

29

29

Tianjin, Lianyungang

 

Malaysia

lump (Mn33% Fe10%)

27-28

27-28

Tianjin

 

 

lump (Mn33% Fe10%)

26.5-27

26.5-27

Zhanjiang, Qinzhou

 

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

 
 
 

China Manganese Ore Market Movement (2015-3-3)

Price Review & Forecast 02:38:21PM Mar 03, 2015 Source:SMM
SHANGHAI, Mar. 3 (SMM) –           
 
Manganese Ore Market:
CML cut offers of Australian manganese ore (Mn46%Fe6%SI14%P0.05%) for shipments to China in March by USD 0.45/mtu to USD 3.90/mtu (L/C at sight) and USD 3.95/mtu (usance L/C). Comilog and UMK may follow CML in cutting offers.  
 
SiMn Alloy Market: 
Taiyuan Iron & Steel Group cut 65/17 SiMn alloy procurement price for delivery in March by RMB 121/mt to RMB 5,879/mt (including tax, by acceptance), with purchasing volume at 1,200 mt. Hunan Valin Xiangtan Iron and Steel Co. also cut SiMn alloy procurement price for delivery in March by RMB 120/mt to RMB 6,050/mt (including tax, by acceptance, delivery to factory). 
 
Prices of imported manganese ore are shown in the table below:  
  

Origin

Grade

Mar. 3 Price

(RMB/mtu)

Mar. 2 Price

(RMB/mtu)

Price Change

Port

Notes

 

Australia

lump (Mn47-48%)

32-32.5

32-32.5

Tianjin

 

 

lump (Mn47-48%)

31.8-32

31.8-32

Qinzhou, Zhanjiang

 

South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

28.7-28.9

28.7-28.9

Tianjin, Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

28.2-28.5

28.2-28.5

Qinzhou, Fangchenggang

 

Brazil

lump (Mn44-45%)

27.8-28

27.8-28

Qinzhou, Zhanjiang

 

 

lump (Mn44-45%)

29

29

Tianjin, Lianyungang

 

Malaysia

lump (Mn33% Fe10%)

27-28

27-28

Tianjin

 

 

lump (Mn33% Fe10%)

26.5-27

26.5-27

Zhanjiang, Qinzhou

 

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