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At present，the market price of Australian Mn46 lumps maintains at RMB25-26/mtu, while the quotation of Mn48 sand ore stays  at RMB23.5-24.5/mtu; market price of South African Mn32%Fe20% RMB23.5-24.5/mtu and quotation of Mn38 lumps RMB22-23/mtu.

Quotation for Gabonese Mn 44lumps is RMB23-24/mtu,Brazilian Mn 44% lumps RMB 22-23/ mtu and the mainstream spot ore price for Malaysian Mn>32% 30%Fe10% RMB21-22/mtu.

Till last Friday, stock of Mn Ore at ports totaled 2.77 million tons，a slight drop compared with that of previous week. Stock in Lianyungang Port totaled 0.035 million tons(exclude of stock in bonded warehouse),Tianjin Port 1.92 million with improving transaction in the week ,Qingzhou Port 0.747 million tons, Malaysian ore in Zhanjiang Port 0.015 million tons,South African and Bulgarian ore in Beihai Port 0.028 million tons and 0.028 million tons in Fangchenggang Port, While on the other hand, continued decreasing in the price of manganese alloy would bring about negative effect on manganese ore spot market.

In general, sale pressure for imported manganese ore in China would be hard to alleviate in the near future, so the overall trend didn’t get overturned completely.

• [Editor:Zhang Xing]