Overseas Mn ore offers: Comilog July offers for Mn ore Gabon 44.5%

Shanghai base metals all cruised higher on Friday morning after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy. Meanwhile, their counterparts on the LME mostly cruised lower.

Shanghai base metals were mostly higher on Monday morning as investors digested a better-than-expected US jobs report. Meanwhile, their counterparts on the LME fell for the most part.

Shanghai base metals mostly cruised lower on Tuesday morning despite gains overnight on Wall Street that saw the S&P 500 and Nasdaq Composite touching fresh record closing highs. Meanwhile, their counterparts on the LME traded mixed.

Tshipi offered South African semi-carbonate manganese ore with 36.5% Mn, for June delivery to China, at $4.54/mtu.

Comilog offered manganese lump originating from Gabon for May delivery to China, at $4.85/mtu, down $0.5/mtu from offers for April.

Nonferrous metals on the SHFE were mostly higher on Thursday morning on a positive note following record gains on Wall Street after the US Federal Reserve’s policymaking committee voted to keep short-term borrowing rates near zero. Meanwhile, their counterparts on the LME also rose for the most part.

Shanghai base metals were mostly higher on Monday morning as investors reacted to last week’s US jobs report that trounced expectations and fueled hopes for a faster economic recovery. Meanwhile, their counterparts on the LME rose across the board.

South32's second round offers for semi-carbonate manganese ore, for March delivery to China, came in at $4.8/mtu, down $0.15/mtu from initial offers.

South32's initial offers for semi-carbonate manganese ore with 36.5% Mn, for March delivery to China, came in at $4.95/mtu, up $0.45/mtu from a month ago.

South32's initial offers for Australian lump manganese ore with 45% Mn, for December delivery to China, came in at $4.42/mtu, down $0.08/mtu from a month ago.