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Print[Ferro-Alloys.com] This week, Australian Mn46 lumps are currently focused on RMB33.5-34.5/mtu andRMB33-33.5/mtu for Mn48 sand ore. South African Mn38 lumps are pricing at RMB28.5-29.5/mtu while RMB32-33/mtu for Mn32%Fe20%. Gabonese Mn 45-46 lumps are now lingered about RMB31.5-32.5/mtu while RMB30-31/mtu for Brazilian Mn 44-45 lumps.
In fact, poor performance of manganese alloys also plagued sale for imported manganese ore spot, and some ore traders in China have to further edge down price slightly for capital pressure. From ore sale situation, Australian lump ore and South African ore still served as first choice for manganese alloy producers with mass supply in spot market. While for Malaysian ore still kept at RMB26-27/mtu. For Gabonese lump ore,it seems that no good signal showed on sale market sale though increasing enquries.
In conclusion, given slack season in winter, it is predicted that imported manganese ore spot market would be hard to pick up in short period.
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- [Editor:Sophie]
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