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[Ferro-Alloys.com] Affected by weak market for manganese alloys, it seems that manganese ore traders in China lack of enough confidence on future market though no dramatic fluactuation for sale in recent period. As more and larger scale alloys plants choose to bulid cooperation with oversea miners directly in order to further cut cost, Chinese ore traders became worry about their business.

Currently, Australian Mn46 lumps are currently focused on RMB33.5-34.5/mtu andRMB33-34/mtu for Mn48 sand ore. South African Mn38 lumps are pricing at RMB29,5-30/mtu while RMB32.5-33.5/mtu for Mn32%Fe20%. Gabonese Mn 45-46 lumps are now lingered about RMB31-31.5/mtu while RMB30-31/mtu for Brazilian Mn 44-45 lumps and RMB29-29.5/mt for sand ore.

In general, prices for Australian lump ore showed firm in recent period. As for South African high Fe lump ore, small batches busineses seem to easily to done. As for Gabonese and Brazilian lump ore, poor sale gave rise to a slightly fall in the price. In terms of South African Mn38 lumps, ample demand made sale prices hold stable temporarily.

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• [Editor:Sophie]