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[Ferro-Alloys.com] Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.5/mtu in China. South African Mn38 lumps edged down to RMB22-23/mtu while RMB26.5-27.5/mtu for Mn32%Fe20%. Meanwhile, Gabonese Mn 44lumps fell to RMB23-24/mtu at ports. Brazilian Mn 44% lumps pushed down to RMB 22-23/ mtu in China. Malayisan lump ore Mn>32% dipped to RMB21-22/mtu.Despite poor demand, firm future quotation of oversea miners bring about positive effect on spot market in China.

As for new round shipment of oversea miners, It is reported that BHP already unveiled new round manganese ore shipment to China. Mn45.5% Fe<5% Australian lump ore Kept standing at USD3.2/mtu which in line with May level, and USD3.0-3.05/mtu for Mn49% Fe<5% sand ore to China (CIF, China). Eramet Comilog already unveiled June manganese ore shipment to China. Gabonese Mn43% Fe<5% sand ore still pegged at USD2.7/mtu, Mn44-45% Fe<5% Gabonese lump ore kept in line with last month for USD3.0/mtu (CIF, China). CML already released June manganese ore shipment to China, Australian Mn46%Fe6%SI14%P0.05% was quoted at USD3.30/mtu which basically kept in line with prior month Sight L/C and USD3.35/mtu Usance L/C ( CIF, China).

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• [Editor:Sophie]