Ferro-alloys.com Breaking News： After two rounds of inquiries, the biding price of HBIS for silicon-manganese 6517 grade finally accepted at RMB 7,900 / ton delivered  to customers warehouse term in July and against 120days sight payment , which  increased  by 300RMB/ton than last month. The biding quantity is 30000 tons, decreased by 2000mt. Nanjin Steel, Shagang Steel in South China accepted RMB7950 /MT averagely.

 Mn Ore  Price at Tianjin Port  : the price of Australia manganese ore 45% lumpy  offered  about 54-55RMB/dmtu, the South Africa Semi-carbonated manganese ore  offered  about 50RMB/dmtu but no deal concluded, but 48yuan  did ,duty and tax included loaded in Truck term, the Gabon manganese ore offered about 50-52RMB/dmtu,No deal,  the Malaysian manganese ore offered  about 36-38RMB/dmtu.,No deal.  The stock in Tianjin Port  was decreased. Right now the total stock is about 2.56 million tons including South Africa manganese ore 1.18million tons, Australian manganese ore  about 0.39 million tons, Gabbonese manganese ore about  0.26 million tons, Ghana manganese ore about 0.21 milion tons, Malysian manganese ore about 0.1 million tons and Brazilian manganese ore about 0.16 million tons. The import volume in May by China over 3.2 million tons, that is the highest quantity since Jan,2019.

Major Mn Miners released their price for August shipment already: UMK first offered the price of Mn 36% grade lumpy which was 5.83 USD/dmtu. second round reducted to 5.70usd, But  the specific transaction price is still undetermined. South 32 annouced the price today:Lumpy high grade Mn Oxide 45%  offered usd5.97/dmtu ,droppd by 0.37usd/dmtu;37% Semicarbonated offered 5.3usd/dmtu same as last moth,;chips 44% min offered usd5.8/dmtu, dropped by usd0.48/dmtu than last month. Tshipi offered the first round price at 5.65USD/dmtu.all based on cif and sight term. acutal transacted price has not dislclosed. 

Comments: Mn ore price  at spot increased abit, Future shipment in August increased much biger, but customers wont accept too much increasing, they prefer to buy from spot market, and if price were not increased, theyh will keep forward, and in August too many SiMn supply will push down price of alloys and ,therefore, price of Mn ore will be following , Chinese steel output  in July and August will come down due to strictly enrionmental order to shut down 20% steel mills in Tangshan area.where about 150million tons steel concentrated.

• [Editor:yuyunqing]