[SMM Manganese Ore Weekly Review] Spot Market Recovers, Traders Increasingly Hold Back from Selling
Sep 4 news:
North China ports: 46% Australian lumps at 40.3-40.8 yuan/mtu, up WoW; South African semi-carbonate at 34-34.5 yuan/mtu, up WoW; Gabonese at 39.1-39.5 yuan/mtu, flat WoW; South African high-iron at 28.8-29.3 yuan/mtu, up WoW; South African medium-iron at 35.2-35.7 yuan/mtu, up WoW.
South China ports: 46% Australian lumps at 42.7-43.2 yuan/mtu, flat WoW; South African semi-carbonate at 36.3-36.8 yuan/mtu, flat WoW; Gabonese at 40.6-41.1 yuan/mtu, flat WoW; South African high-iron at 30.2-30.7 yuan/mtu, flat WoW; South African medium-iron at 37-37.5 yuan/mtu, flat WoW.
The manganese ore market has recovered slightly, with traders increasingly holding back from selling, and overall prices consolidating sideways.