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Manganese ore cargo arrivals to India plummeted last week

Time:Mon, 29 Jul 2024 18:08:28 +0800

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The price of imported manganese ore (Mn37-46%) has slightly decreased in India. The price of Mn37% South African manganese ore has slightly decreased by 0.2 USD/tonne to 4.65 USD/dmtu. Mn44% Gabon manganese ore is priced at 9.1 USD/dmtu, with a decrease of 0.1 USD/dmtu. The Mn46% Australian manganese ore prices remained unchanged at 9.7USD/dmtu. All prices are CIF India. 

However, the arrival volume of Mn37%, Mn44%, and Mn46% manganese ore decreased by 54% year-on-year. 

Imported cargo arrivals fall 54% w-o-w: Manganese ore cargo arrivals to India plummeted by 54% (Mn37%, Mn44%, and Mn46%), with weekly shipments reaching 102,590 t over 17 -23 July, down from 223,700 t in the previous week.

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