Manganese Ore Prices Hold Steady despite Global Commodity Slump-Shanghai Metals Market

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Manganese Ore Prices Hold Steady despite Global Commodity Slump

Industry News 03:30:52PM Aug 24, 2015 Source:SMM

SHANGHAI, Aug. 24 (SMM) – Prices for imported manganese ore at Chinese ports managed to hold stable, despite slump in global commodity market. 

In SiMn alloy market, supply in north China is plentiful, leaving producers worried that steel mills might push down SiMn alloy bid prices for September delivery.

In EMM market, mainstream offers were RMB 9,900-10,000 yuan per tonne. Inquiries were thin.  

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

Origin

Grade

Aug. 24 Price

(yuan/mtu)

Aug. 21 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.2-24.8

24.2-24.8

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-21.8

21.5-21.8

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38% Fe5%)

21.8-22

21.8-22

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

21.3-21.6

21.3-21.6

Qinzhou, Zhanjiang



lump (Mn44-45%)

21.5-22

21.5-22

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.


Manganese Ore Prices Hold Steady despite Global Commodity Slump

Industry News 03:30:52PM Aug 24, 2015 Source:SMM

SHANGHAI, Aug. 24 (SMM) – Prices for imported manganese ore at Chinese ports managed to hold stable, despite slump in global commodity market. 

In SiMn alloy market, supply in north China is plentiful, leaving producers worried that steel mills might push down SiMn alloy bid prices for September delivery.

In EMM market, mainstream offers were RMB 9,900-10,000 yuan per tonne. Inquiries were thin.  

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

Origin

Grade

Aug. 24 Price

(yuan/mtu)

Aug. 21 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.2-24.8

24.2-24.8

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-21.8

21.5-21.8

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38% Fe5%)

21.8-22

21.8-22

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

21.3-21.6

21.3-21.6

Qinzhou, Zhanjiang



lump (Mn44-45%)

21.5-22

21.5-22

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.