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Manganese ore price decrease both domestic and abroad

  • Friday, January 11, 2019
  • Source:ferro-alloys.com

  • Keywords:Manganese ore price decrease both domestic and abroad
[Fellow]Manganese ore price decrease both domestic and abroad

Ferro-alloys.com: The manganese market has been negative for nearly two months and it seems this situation may go on. Today the manganese mining announced the February price which is lower than last month. UMK announced the price of Mn 36% is 5.9 USD/td which is refused by many clients. Later the UMk adjusted the price to 5.7USD/td which is still not satisfied to the most clients. Another manganese ore mining- Tshipi, it is said that in Janaurary it sold 30 thousnad tons manganese ore to a trader at the price of 5.3USD/td. Although it has not announced its price of February we can be sure that it will be much lower. At the same time the manganese ore supply is sufficient which is nearly 1.2 million tons per month. Rightht now the manganese ore price in the Chinese port is lower too. As far as we know the Australia manganese ore lumpy is 58-60RMB/td, Australia manganese ore in small size is 56-58RMB/td, South Africa semi-carbonated manganese ore is 49-50RMB/td, South Africa high Fe is 39-40RMB/td. The trade war between America and China is likely to come to an end and the rate is increasing these two days. In a word, the manganese ore price is likely to continue to decrease.

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  • [Editor:yuyunqing]

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