[Mn Ore] Sluggish Downstream Sectors to Weigh on Manganese Ore Prices at Chinese Ports-Shanghai Metals Market

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[Mn Ore] Sluggish Downstream Sectors to Weigh on Manganese Ore Prices at Chinese Ports

Industry News 03:48:58PM Aug 11, 2015 Source:SMM

SHANGHAI, Aug. 11 (SMM) – Prices for imported manganese ore at Chinese ports will be pressured by persistent sluggishness in downstream markets. 

Many steel mills cut SiMn alloy bid prices for August bookings by 200 yuan per tonne. What’s worse, EMM market has offered no glister of hope. EMM was largely offered between 9,900-10,000 yuan per tonne on August 11. 


The table below shows prices of imported manganese ore at China’s major ports:

Origin

Grade

Aug. 11 Price

(yuan/mtu)

Aug. 10 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

21.5

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-22

21.5-22

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.


[Mn Ore] Sluggish Downstream Sectors to Weigh on Manganese Ore Prices at Chinese Ports

Industry News 03:48:58PM Aug 11, 2015 Source:SMM

SHANGHAI, Aug. 11 (SMM) – Prices for imported manganese ore at Chinese ports will be pressured by persistent sluggishness in downstream markets. 

Many steel mills cut SiMn alloy bid prices for August bookings by 200 yuan per tonne. What’s worse, EMM market has offered no glister of hope. EMM was largely offered between 9,900-10,000 yuan per tonne on August 11. 


The table below shows prices of imported manganese ore at China’s major ports:

Origin

Grade

Aug. 11 Price

(yuan/mtu)

Aug. 10 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

21.5

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-22

21.5-22

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.