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Home / Metal News / Manganese ore stocks across Chinese ports decreased by 7.11% MoM to 4.83 million mt in May

Manganese ore stocks across Chinese ports decreased by 7.11% MoM to 4.83 million mt in May

Jun 13, 2024 14:54

Source:SMM

In May, manganese ore stocks across Chinese ports were 4.83 million mt, down 7.11% MoM and 27.47% YoY.

In May, manganese ore stocks across Chinese ports were 4.83 million mt, down 7.11% MoM and 27.47% YoY. Inventory at Tianjin Port and Qinzhou Port continued to decline. The port clearance volume of manganese ore stayed high, and high-grade manganese oxide ore was relatively scarce. As port inventory continued to deplete, traders held their offers firm. It is expected that prices will show an upward trend.

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Manganese ore stocks across Chinese ports decreased by 7.11% MoM to 4.83 million mt in May

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