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Today, the manganese ore market continues to rise in China, with mainstream ore prices increasing by more than 2-3 yuan/dmtu, indicating an improvement in transactions. However, the number of transactions has not yet fully recovered. Tianjin Port's South Africa's Carbonate manganese ore price is 34-34.5 yuan/dmtu, and that of Australia's manganese ore is 39-39.5 yuan/dmtu. The activity of manganese ore market in Qinzhou Port has increased, and transaction prices have risen. Some traders have continued to wait for higher offers.
The future market has seen consecutive price increases, and the sentiment of spot prices in domestic ports has been high. The transaction price has already significantly increased, but the follow-up of the transaction quantity still needs time.