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The manganese ore market continues to show a slight downward trend in China

Time:Thu, 18 Jul 2024 17:12:37 +0800

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The manganese ore market continues to show a slight downward trend, with a lack of effective support for the overall market. Factory production is trapped in a situation of losses. They are cautious about raw material procurement and operations, and have shown signs of price suppression, leading to continuous pressure on transaction prices. 

 Tianjin Port: The manganese ore market is weak, with relatively low transactions. The price of South Africa's manganese ore 37% in Tianjin Port is around 40 yuan/dmtu,down slightly today. Australian manganese ore lumps price is around 64-66 yuan/dmtu. 

 Qinzhou Port: Today, manganese ore prices continue to be weak, port inventories continue to decline, and market willingness to ship is divided.

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