[SMM Manganese Ore Weekly Review] Overseas markets broadly decline, coupled with weak demand, manganese ore prices continue to grind lower.
July 24 News:
North China ports: 46% Australian lumps at 41.5-42 yuan/mtu, down WoW; South African semi-carbonate at 34.7-35.2 yuan/mtu, down WoW; Gabonese at 39.3-39.7 yuan/mtu, down WoW; South African high-iron at 29-29.5 yuan/mtu, down WoW; South African medium-iron at 36-36.5 yuan/mtu, stable WoW.
South China ports: 46% Australian lumps at 42.9-43.4 yuan/mtu, down WoW; South African semi-carbonate at 36.7-37 yuan/mtu, down WoW; Gabonese at 40.9-41.4 yuan/mtu, stable WoW; South African high-iron at 31.5-32 yuan/mtu, down WoW; South African medium-iron at 37.5-38 yuan/mtu, stable WoW.
Manganese ore market prices continue to grind lower, end-use demand remains tepid, and trader sell-offs at reduced prices are relatively common.
![[SMM Manganese Ore Weekly Review] Overseas markets broadly decline, coupled with weak demand, manganese ore prices continue to grind lower.](https://imgqn.smm.cn/usercenter/NPpAM20251217171723.jpeg)
![[SMM Analysis] Tài nguyên JORC Sandawana: 39,9 triệu tấn, 72% Đã đo đạc – Một tài sản chiến lược](https://imgqn.smm.cn/usercenter/KySZv20251217171726.jpg)
