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Print[Ferro-Alloys.com]In recent period, Chinese imported manganese ore market seemed to hold calm. As increasing supply but flat demand, some kinds of manganese ore showed decline slightly with accumulating sale pressure. Meanwhile, mainstream ore would also face to downtrend risk in the future amid soft demand despite hold unchanged temporarily.
Australian Mn46 lumps maintained at RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price remained at RMB23.5-24/mtu in China. South African Mn38 lumps kept unchanged at RMB21.5-22.5/mtu while RMB23.5-24.5/mtu for Mn32%Fe20%. Meanwhile, Gabonese Mn 44lumps fixed at RMB23-24/mtu at ports. Brazilian Mn 44% lumps put steady at RMB 22-23/ mtu in China. Malaysian lump ore Mn>32% dipped to RMB20.5-21.5/mtu.
In short, given worse performance of manganese alloys, it proved that manganese ore also hard to show good shape, and it is estimated that slack season of alloys would aggravate ore sale pressure in the near future.
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- [Editor:Sophie]
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