Imported manganese ore spot market price tends to maintain a slight fluctuation in China this week. Affected by decreased silicon manganese spot resources, manganese ore producers’ confidence has picked up. Meanwhile, steel mills bidding price is steadily ris...

Recently, imported manganese ore spot market price tend to maintain a slight fluctuation in China. However, most businessmen think that manganese ore prices have fallen to the bottom line level and reduced space is limited.

Manganese Ore quoted by major Miner was dropped by USD0.5/DMTU cif China basis.Followed by Brazil, price quoted usd3.8-4.0/dmtu Cif China basis for 38-40% grade Manganese Ore.

[Ferro-Alloys.com] Others oversea miners also lowered May shipment prices for China on manganese ore in the wake of BHP firstly edged down new round shipment for China. It is reported that Comilog45% lump ore pushed down to

[Ferro-Alloys.com] In recent period, poor sale and high inventories still troubled imported manganese ore traders in China. Mn46 lumps are now tumbling at

Furthermore, exchange rates fluctuation frequently also aggravates market potential risk. In fact, it is well known that Renminbi depreciation will increase production cost in importing manganese ore.

Furthermore, exchange rates fluctuation frequently also aggravates market potential risk. In fact, it is well known that Renminbi depreciation will increase production cost in importing manganese ore.

[Ferro-Alloys.com] This week, poor sale and high stockpiles are blamed mainly for further downturn on imported manganese ore spot prices in China.