Metals News
Manganese Ore Prices at Chinese Ports Hold Firm, Despite Price Cut by South32
industry news
10:26AM
Jan 11,2016
Source:SMM

SHANGHAI, Jan. 11 (SMM) – Prices for imported manganese ore at Chinese ports held firm, despite price cut by South32. 

South32 cut CIF offers of Australian manganese ore (lump, Mn 46%) and CIF offers of Australian manganese ore (granule, Mn 49%) to $2.05/mtu and $1.95/mtu, respectively, for January shipment to China, Chinese traders said. 

Manganese ore sales at China’s northern ports were relatively smooth this past week, while those at China’s southern ports remained poor, due to low operating rates at local SiMn alloy producers.  

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

Origin

Grade

Jan. 8 Price

(yuan/mtu)

Jan. 7 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

18.5-19

18.5-19

Tianjin



lump (Mn47-48%)

18.8-19

18.8-19

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38%   Fe5%)

16.5-17

16.5

↑0.25

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38%   Fe5%)

17-17.5

17

↑0.25

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

No goods available

No goods available

——

Qinzhou, Zhanjiang



lump (Mn44-45%)

No goods available

No goods available

——

Tianjin, Lianyungang


Malaysia

lump (Mn33% Fe10%)

15-15.5

15-15.5

Tianjin



lump (Mn33% Fe10%)

15.5-16

15.5-16

Zhanjiang, Qinzhou


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



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