No Big Fluactuation on Imported Mn Ore Spot Market in China (Aug11th- Aug15th )

  • Monday, August 18, 2014
  • Source:ferro-alloys.com

  • Keywords:Manganese ore Mn Ore
[Fellow][Ferro-Alloys.com] This week, imported manganes ore spot market in China still failed to maintain in good shape amid weak demand. Australian Mn46 lumps are currently maintained at RMB33-34/mtu and RMB33.5-34/mt for Mn48 sand ore.

[Ferro-Alloys.com]This week, imported manganese ore spot market in China still failed to maintain good shape amid weak demand. Australian Mn46 lumps are currently maintained at RMB33-34/mtu and RMB33.5-34/mt for Mn48 sand ore.  Price of Gabonese Mn 45-46 lumps are now lingered about RMB31.5-32/mtu while RMB30.5-31.5/mtu for Brazilian Mn 44-45 lumps. Meanwhile, South African Mn38 lumps are pricing at RMB29-29.5/mtu while RMB33-34/mtu for Mn32%Fe20%.

It seems that the movement of ore between north and south area showed a slightly different. In fact, resuming operation rates for manganese alloy in Yunnan and Guangxi brought about some positive affect on ore. Furthermore, since great number of 6014 and non-standard silicon manganese factories located in Guizhou and Hunan, Malaysian manganese ore and South African lump ore seem to become more welcomed by the manufacturers. In north area, steady operation rates for alloys made ore sale keep smooth with firm quotation.

In conclusion, despite a slightly upward trend for some kinds of manganese ore with reduced supply temporarily, most products are still in high inventory with slowing consuming.

 

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  • [Editor:Sophie]

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