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Manganese Ore Market is Weak

iconNov 2, 2022 15:14
Source:SMM
Ports in north China: Australian ore 45.5-46 yuan/mtu, South African manganese semicarbonate ore 35-35.5 yuan/mtu,

SHANGHAI, Nov 2 (SMM) - Ports in north China: Australian ore 45.5-46 yuan/mtu, South African manganese semicarbonate ore 35-35.5 yuan/mtu, Gabonese ore 40-41 yuan/mtu, Brazilian ore 40-40.5 yuan/mtu, South African high-iron ore 31-31.5 yuan/mtu. Ports in south China: Australian ore 45.5-46 yuan/mtu, South African manganese semicarbonate ore 35-36 yuan/mtu, Gabonese ore 42-43 yuan/mtu, Brazilian ore 41-42 yuan/mtu, South African high-iron ore 31-31.5 yuan/mtu.

At present, the transactions of manganese ore was relatively light. Due to the relatively stable arrivals of manganese ore and the slow shipment of manganese alloys, the alloy factories mainly purchased as needed. Therefore, the demand for manganese ore was relatively weak, and the port inventory was relatively high. The manganese ore prices may still fall.

 

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