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Weekly Review of imported Manganese Ore (4.20-4.24): future demand for Future Manganese Mine in the South is still in the mood for sale
Apr 24,2020 17:28CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

The price of imported manganese ore has been strong this week, and traders are still in the mood to sell, although the South African president announced that local companies will resume normal operations from May, but the news has been expected in the market and has not yet affected the offer for manganese ore.

As of Friday, 45.5% Australian block Tianjin Port price 56 yuan / tonnage, Qinzhou Port 52-55 yuan / tonnage; 46% Australian seed Tianjin Port 56-58 yuan / tonnage, Qinzhou Port 50-52 yuan / tonnage; 44.5% Jiapeng block Tianjin Port 5455 yuan / tonnage, Qinzhou Port 51-52 yuan / tonnage; 43% Pengzi Tianjin Port 51-53 yuan / tonnage, Qinzhou Port 4647 yuan / tonnage; 36% South Africa semi-carbonate Tianjin Port 52-54 yuan / tonnage, Qinzhou Port 54-56 yuan / tonnage.

Affected by this year's season, Guangxi and Guizhou manufacturers recently had a good mood of actively resuming production after equipment overhaul, and the expectation of lower electricity prices will also enable manufacturers to resume their enthusiasm in producing and buying raw materials. It is expected that the inventory of southern ports will decline significantly in May.

However, subject to the steel plant alloy bidding price has not yet been announced, many manufacturers are still near the cost line, and in a wait-and-see sales state, mineral prices in a very short period of time to rise limited.

Weekly Review
Silicon Manganese Alloy
Manganese Ore

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