The overall imports of manganese ore slightly declined in June amid pessimistic downstream demand

Published: Jul 30, 2024 13:47
Source: SMM
According to the latest release from the General Administration of Customs, in June 2024, China's imports of manganese ore were 2.14 million mt, down 12.30% MoM and 15% YoY.

According to the latest release from the General Administration of Customs, in June 2024, China's imports of manganese ore were 2.14 million mt, down 12.30% MoM and 15% YoY. H1 imports totalled 14.02 million mt, down 8.84% YoY.

The imports of manganese ore in June slightly decreased, with no significant fluctuations compared to May. Among them, the top five manganese ore import sources were: South Africa (1,218,498 mt), Ghana (607,658 mt), Gabon (152,390 mt), Myanmar (71,647 mt), and Australia (49,073 mt), totalling 2,321,227.126 mt, accounting for 95.1% of the total.

The imports from South Africa increased, with stable demand from downstream alloy plants. Due to port impacts, the saleable volume of Australian manganese ore continued to decline, and it is expected to resume normal levels by 2025. However, due to adjustments in ports, manganese ore inventory at alloy plants and furnace charge ratios, current production has not been significantly restricted.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Central and East Africa’s Mining Sector Moves Towards Greater Beneficiation
3 hours ago
Central and East Africa’s Mining Sector Moves Towards Greater Beneficiation
Read More
Central and East Africa’s Mining Sector Moves Towards Greater Beneficiation
Central and East Africa’s Mining Sector Moves Towards Greater Beneficiation
[SMM Express] Mining sectors across Central and East Africa are facing a changing operating environment as governments increase focus on resource nationalism, local content requirements and domestic mineral processing. Countries across the region are seeking to capture more value from their mineral resources by encouraging in-country beneficiation and strengthening state participation. Policies in Tanzania, Mozambique, Zambia and Ethiopia highlight a broader shift away from exporting raw materials towards developing local processing capacity. The region remains critical to global mineral supply chains, with the Democratic Republic of Congo (DRC) dominating cobalt exports, the Central African Copperbelt supporting major copper production and significant deposits of lithium, tantalum, niobium, tungsten and graphite found across several countries. However, mining investment continues to face challenges including security risks, regulatory uncertainty, infrastructure limitations and operational constraints. Several countries are also expanding strategic mineral classifications, which could lead to tighter export controls, increased royalties and greater government involvement.
3 hours ago
[SMM Analysis] Higher Chrome Ore and Ferrochrome Prices Cushion Merafe's H1 Earnings Despite Lower Ferrochrome Output
3 hours ago
[SMM Analysis] Higher Chrome Ore and Ferrochrome Prices Cushion Merafe's H1 Earnings Despite Lower Ferrochrome Output
Read More
[SMM Analysis] Higher Chrome Ore and Ferrochrome Prices Cushion Merafe's H1 Earnings Despite Lower Ferrochrome Output
[SMM Analysis] Higher Chrome Ore and Ferrochrome Prices Cushion Merafe's H1 Earnings Despite Lower Ferrochrome Output
3 hours ago
Aluminum Alloy Futures Move Sideways, Spot ADC12 Supply and Demand Stagnant [ADC12 Daily Price Review]
13 hours ago
Aluminum Alloy Futures Move Sideways, Spot ADC12 Supply and Demand Stagnant [ADC12 Daily Price Review]
Read More
Aluminum Alloy Futures Move Sideways, Spot ADC12 Supply and Demand Stagnant [ADC12 Daily Price Review]
Aluminum Alloy Futures Move Sideways, Spot ADC12 Supply and Demand Stagnant [ADC12 Daily Price Review]
[ADC12 Price Daily Review: Aluminum Alloy Futures Move Sideways, ADC12 Spot Supply and Demand in Stalemate] Today, ADC12 market quotations remained stable overall. Cost side, compliant aluminum scrap supply remained tight, procurement costs stayed high, supporting ADC12 prices; demand side, as the traditional off-season deepened further, some downstream enterprises successively entered high-temperature holidays, and order shrinkage led to procurement enthusiasm weakening further.
13 hours ago