Manganese ore prices remain stable, with market sentiment showing signs of improvement [SMM Manganese Ore Daily Review]

Published: Jul 15, 2025 14:30
July 15 News: Northern Ports: Australian lump ore is priced at 39.5-40 yuan/mtu, unchanged from last Tuesday on a WoW basis; Australian pellet ore is priced at 36-37 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African semi-carbonate ore is priced at 33.8-34.3 yuan/mtu, up 0.59% from last Tuesday on a WoW basis; Gabonese ore is priced at 38-38.8 yuan/mtu, up 0.26% from last Tuesday on a WoW basis; South African high-iron ore is priced at 29.3-29.6 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African medium-iron ore is priced at 33.7-34.2 yuan/mtu, up 0.59% from last Tuesday on a WoW basis. Southern Ports: Australian lump ore is priced at 39.5-40 yuan/mtu, unchanged from last Tuesday on a WoW basis; Australian pellet ore is priced at 35.5-36 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African semi-carbonate ore is priced at 33.9-34.4 yuan/mtu, unchanged from last Tuesday on a WoW basis; Gabonese ore is priced at 38.8-39.3 yuan/mtu, up 0.77% from last Tuesday on a WoW basis; South African high-iron ore is priced at 28.5-29 yuan/mtu, unchanged from last Tuesday on a WoW basis. South African medium-iron ore is priced at 34-34.5 yuan/mtu, up 0.59% from last Tuesday on a WoW basis. The manganese ore market fluctuated at highs at the beginning of the week, with low arrivals of oxidized ore and slightly tight supply...

On July 15th: Northern ports: Australian lump ore at 39.5-40 yuan/mtu, unchanged from last Tuesday on a WoW basis; Australian seed ore at 36-37 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African semi-carbonate ore at 33.8-34.3 yuan/mtu, up 0.59% from last Tuesday on a WoW basis; Gabonese ore at 38-38.8 yuan/mtu, up 0.26% from last Tuesday on a WoW basis; South African high-iron ore at 29.3-29.6 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African medium-iron ore at 33.7-34.2 yuan/mtu, up 0.59% from last Tuesday on a WoW basis.

Southern ports: Australian lump ore at 39.5-40 yuan/mtu, unchanged from last Tuesday on a WoW basis; Australian seed ore at 35.5-36 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African semi-carbonate ore at 33.9-34.4 yuan/mtu, unchanged from last Tuesday on a WoW basis; Gabonese ore at 38.8-39.3 yuan/mtu, up 0.77% from last Tuesday on a WoW basis; South African high-iron ore at 28.5-29 yuan/mtu, unchanged from last Tuesday on a WoW basis; South African medium-iron ore at 34-34.5 yuan/mtu, up 0.59% from last Tuesday on a WoW basis.

At the beginning of the week, the manganese ore market fluctuated at highs, with low arrivals of oxidized ore and slightly tight supply. Miners had low willingness to sell at low prices, and their quotes remained firm. Alloy plants had a general acceptance of high-priced manganese ore, and both sides remained in a deadlock. Spot prices were temporarily stable. In the SiMn spot market, alloy plants suffered losses and were unwilling to sell at low prices. Most did not offer quotes, and spot prices were temporarily stable. There was a strong wait-and-see sentiment at the beginning of the week. HBIS Group set the July SiMn price at 5,850 yuan/mt (up 250 yuan/mt from the inquiry price), and the futures prices of SiMn were positive, boosting confidence in the manganese ore market. It is expected that manganese ore prices will continue to remain firm in the short term.

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.

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