[Ferro-Alloys.com]By the early period of May, there were no signs of further fluactuation in the price of imported manganes ore in China. Australian Mn46 lumps dropped to RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price declined to RMB23.5-24.5/mtu in China. South African Mn38 lumps edged down to RMB22-23/mtu while RMB26.5-27.5/mtu for Mn32%Fe20%. Meanwhile, Gabonese Mn 44lumps fell to RMB23-24/mtu at ports. Brazilian Mn 44% lumps pushed down to RMB 22-23/ mtu in China. Malayisan lump ore Mn>32% dipped to RMB21-22/mtu. After months of falling, some traders already sold out previous stockpiles which gave rise to limited cheap spot resources.

On the one hand, weak performance of manganese alloy plagued manganese ore spot market, on the other hand, worse transaction made oversea miners dip ore quotation to China which allows Chinese steelmakers to have chance of further pushing down bidding on manganese alloy. In fact, some kinds of manganese ore already put on track to stable in this week as strong desire to push up price for ore traders in China. Furthermore, high water seaon in south of China would likely to stimulate some alloys factories resume production which would in turn benefit for ore market.  

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• [Editor:Sophie]