SMM Sees Decline in Manganese Ore Prices at Chinese Ports Next Week-Shanghai Metals Market

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SMM Sees Decline in Manganese Ore Prices at Chinese Ports Next Week

SMM Insight 05:19:03PM Sep 18, 2015 Source:SMM

SHANGHAI, Sept. 18 (SMM) – Prices for imported manganese ore at Chinese ports might trend down next week, Shanghai Metals Market foresees. 

Some SiMn alloy producers in south China have closed or are planning to do so against sharp price declines. Production cuts are also reported at SiMn alloy producers in north China due to high production costs. These will hurt ore demand. 

Manganese ore stocks at major Chinese ports remained high, though down 30,000 tonnes to 2.68 million tonnes as of Sept. 18.

In addition, price cuts by major overseas manganese ore suppliers will also pressure ore prices at Chinese ports. 

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


SMM Sees Decline in Manganese Ore Prices at Chinese Ports Next Week

SMM Insight 05:19:03PM Sep 18, 2015 Source:SMM

SHANGHAI, Sept. 18 (SMM) – Prices for imported manganese ore at Chinese ports might trend down next week, Shanghai Metals Market foresees. 

Some SiMn alloy producers in south China have closed or are planning to do so against sharp price declines. Production cuts are also reported at SiMn alloy producers in north China due to high production costs. These will hurt ore demand. 

Manganese ore stocks at major Chinese ports remained high, though down 30,000 tonnes to 2.68 million tonnes as of Sept. 18.

In addition, price cuts by major overseas manganese ore suppliers will also pressure ore prices at Chinese ports. 

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