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[Ferro-Alloys.com]In recent period, underperformed imported manganese ore spot blamed mainly on aggravating worsen demand in China. Australian Mn46 lumps kept at RMB25-25.5/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 RMB22.5-23.5/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 RMB20-21/mtu.

In fact, Chinese ore traders are becoming more cautious on manganese ore importing given high inventories but poor demand. As manganese alloy kept touching bottom, the likelihood of manganese ore facing tumble that would be great. After months of leveling off quotation to China, it seems that oversea miners continued to push new round future quotation to China hold steady amid slowing growth demand. Conducted by latest news, UMK put September manganese ore shipment to China unchanged at USD2.7/mtu, (CIF,China). Given high cost, ore traders have little intention of decreasing price. However, as increasing sale pressure, it is estimated that future market of ore in China would be still challenge. 

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• [Editor:Sophie]