[Mn Ore] Poor Demand to Weigh on Manganese Ore Prices-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • hydrogen stations
  • Market commentary
  • Copper
  • thép
  • Production data
  • Aluminium
  • Stainless steel
  • Macroeconomics
  • Morning comments
  • Mengtai Group
  • Lithium
  • Iron ore

[Mn Ore] Poor Demand to Weigh on Manganese Ore Prices

Industry News 02:22:41PM Aug 03, 2015 Source:SMM

SHANGHAI, Aug. 3 (SMM) – Prices for imported manganese ore at Chinese ports are facing downward pressure from tepid demand. 

Sales at northern ports were slightly better than southern ports. SiMn alloy producers bought manganese ore just for half a month of production out of pessimism.  

Hebei Iron & Steel Group plans to cut SiMn alloy purchases by 2,000 tonnes to 25,600 tonnes in August. Wuhan Iron & Steel Group cut SiMn alloy bid prices by 70 yuan per tonne to 5,630 yuan per tonne for August delivery.  

EMM was mainly offered at 9,900-10,000 yuan per tonne on August 3. More EMM producers have cut or halted production against losses. 

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

Origin

Grade

Aug.   3 Price

(yuan/mtu)

Jul.   31 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.7-25

24.7-25

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-22

21.5-22

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38% Fe5%)

21.5

21.5

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

21.5-22

21.5-22

Qinzhou, Zhanjiang



lump (Mn44-45%)

0

0

shortage

Tianjin, Lianyungang


Malaysia

lump (Mn33% Fe10%)

19.5-20

19.5-20

Tianjin



lump (Mn33% Fe10%)

19.5-20

19.5-20

Zhanjiang, Qinzhou


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



For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


Key Words:  mn ore   manganese ore price 

[Mn Ore] Poor Demand to Weigh on Manganese Ore Prices

Industry News 02:22:41PM Aug 03, 2015 Source:SMM

SHANGHAI, Aug. 3 (SMM) – Prices for imported manganese ore at Chinese ports are facing downward pressure from tepid demand. 

Sales at northern ports were slightly better than southern ports. SiMn alloy producers bought manganese ore just for half a month of production out of pessimism.  

Hebei Iron & Steel Group plans to cut SiMn alloy purchases by 2,000 tonnes to 25,600 tonnes in August. Wuhan Iron & Steel Group cut SiMn alloy bid prices by 70 yuan per tonne to 5,630 yuan per tonne for August delivery.  

EMM was mainly offered at 9,900-10,000 yuan per tonne on August 3. More EMM producers have cut or halted production against losses. 

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

Origin

Grade

Aug.   3 Price

(yuan/mtu)

Jul.   31 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.7-25

24.7-25

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-22

21.5-22

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38% Fe5%)

21.5

21.5

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

21.5-22

21.5-22

Qinzhou, Zhanjiang



lump (Mn44-45%)

0

0

shortage

Tianjin, Lianyungang


Malaysia

lump (Mn33% Fe10%)

19.5-20

19.5-20

Tianjin



lump (Mn33% Fe10%)

19.5-20

19.5-20

Zhanjiang, Qinzhou


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



For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


Key Words:  mn ore   manganese ore price