SMM Sees No Turnaround for Manganese Ore Prices at Chinese Ports-Shanghai Metals Market

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SMM Sees No Turnaround for Manganese Ore Prices at Chinese Ports

Industry News 01:45:20PM Sep 07, 2015 Source:SMM

SHANGHAI, Sept. 7 (SMM) – SMM sees no turnaround for imported manganese ore prices at Chinese ports, given sluggish downstream market. 

Most steel mills cut SiMn alloy bid prices for September delivery, a bad sign for ore prices at ports.  

EMM was largely offered between 9,900-10,000 yuan per tonne on September 7. 

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

Origin

Grade

Sept. 7 Price

(yuan/mtu)

Sept. 2 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.2-24.5

24.2-24.5

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

21.3-21.6

21.3-21.6

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-21.8

21.5-21.8

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.


SMM Sees No Turnaround for Manganese Ore Prices at Chinese Ports

Industry News 01:45:20PM Sep 07, 2015 Source:SMM

SHANGHAI, Sept. 7 (SMM) – SMM sees no turnaround for imported manganese ore prices at Chinese ports, given sluggish downstream market. 

Most steel mills cut SiMn alloy bid prices for September delivery, a bad sign for ore prices at ports.  

EMM was largely offered between 9,900-10,000 yuan per tonne on September 7. 

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

Origin

Grade

Sept. 7 Price

(yuan/mtu)

Sept. 2 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.2-24.5

24.2-24.5

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

21.3-21.6

21.3-21.6

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38%   Fe5%)

21.5-21.8

21.5-21.8

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.