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Weekly Review of imported Manganese ores (7.8 to 7.12): transaction increases first and then decreases inventory decreases (including data)
Jul 12,2019 18:09CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

The price of imported manganese ore this week remained stable this week after a small amount compared with last week, the transaction situation was OK, and the inventory situation fell again compared with the previous month. This week, the prices of minerals such as semi-carbonic acid in Gabon and South Africa rose slightly by 0.5 yuan per tonnage compared with last week. Australia and Brazil kept prices stable. Affected by the good trading situation at the beginning of this week and the rise in overseas manganese mine futures over the weekend, mining prices rose slightly within market expectations, but most people in the industry believe that short-term manganese mine prices will remain stable and difficult to rise. After the market needs to wait for the transaction situation and the port inventory consumption situation to judge the manganese mine price trend. As of July 12, 19, the total stock of manganese ore in Tianjin Port was 2.609 million tons (including 2.539 million tons of bulk cargo and 70,000 tons of containers), South Africa: 1.289 million tons (938000 tons of semi-carbonic acid, 198000 tons of high-speed rail, 92000 tons of China Railway), Australia: 422000 tons; Brazil: 158000 tons; Malaysia: 137000 tons; Gabon: 244000 tons; Ghana: 140000 tons; C ô te d'Ivoire: 129000 tons; India: 20, 000 tons this week, SMM learned that many new non-mainstream mines have re-entered domestic ports, Peru, Kenya and other mines have been sent to CIQ for quality inspection, the specific quality inspection results have to wait.

Weekly review
Si-mn alloy
manganese ore

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