Manganese Ore Prices Make Strong Comeback at Chinese Ports, SMM Reports-Shanghai Metals Market

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Manganese Ore Prices Make Strong Comeback at Chinese Ports, SMM Reports

Industry News 04:01:50PM Jul 20, 2016 Source:SMM

SHANGHAI, Jul. 20 (SMM) – Prices for imported manganese ore at major Chinese ports have made a big comeback after a long period of sluggishness.  

The rise was driven by rising SiMn alloy prices and growing demand, SMM explained. 

SiMn alloy producers in north China cut imports earlier as ore prices showed no signs of stopping falling, leaving their raw material stocks low at present. Thos in south China reported improvement in operating rates, also allowing demand for ore to pick up. 

SiMn alloy prices continued rising, given supply tightness in spot market. Limited supply and higher ore prices will sustain SiMn alloy prices in the short term, SMM expects. 

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

Origin

Grade

Jul. 19 Price

(yuan/mtu)

Jul. 18 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

33

28

↑5

Tianjin



lump (Mn47-48%)

32.5

28.5

↑4

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump  (Mn38% Fe5%)

25-25.5

23

↑2.25

Tianjin, Lianyungang



semi carbonate manganese ore lump  (Mn38% Fe5%)

27-27.5

27-27.5

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

30

25-25.5

↑4.75

Qinzhou, Zhanjiang



lump (Mn44-45%)

No goods available

No goods available

——

Tianjin, Lianyungang


Malaysia

lump (Mn33% Fe10%)

18.5

18.5

Tianjin



lump (Mn33% Fe10%)

19-19.5

19-19.5

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 Make Strong Comeback at Chinese Ports, SMM Reports

Industry News 04:01:50PM Jul 20, 2016 Source:SMM

SHANGHAI, Jul. 20 (SMM) – Prices for imported manganese ore at major Chinese ports have made a big comeback after a long period of sluggishness.  

The rise was driven by rising SiMn alloy prices and growing demand, SMM explained. 

SiMn alloy producers in north China cut imports earlier as ore prices showed no signs of stopping falling, leaving their raw material stocks low at present. Thos in south China reported improvement in operating rates, also allowing demand for ore to pick up. 

SiMn alloy prices continued rising, given supply tightness in spot market. Limited supply and higher ore prices will sustain SiMn alloy prices in the short term, SMM expects. 

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

Origin

Grade

Jul. 19 Price

(yuan/mtu)

Jul. 18 Price

(yuan/mtu)

Price Change

Port

Notes


Australia

lump (Mn47-48%)

33

28

↑5

Tianjin



lump (Mn47-48%)

32.5

28.5

↑4

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump  (Mn38% Fe5%)

25-25.5

23

↑2.25

Tianjin, Lianyungang



semi carbonate manganese ore lump  (Mn38% Fe5%)

27-27.5

27-27.5

Qinzhou, Fangchenggang


Brazil

lump (Mn44-45%)

30

25-25.5

↑4.75

Qinzhou, Zhanjiang



lump (Mn44-45%)

No goods available

No goods available

——

Tianjin, Lianyungang


Malaysia

lump (Mn33% Fe10%)

18.5

18.5

Tianjin



lump (Mn33% Fe10%)

19-19.5

19-19.5

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