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At the beginning of the week, the manganese ore market people take a wait-and-see attitude, with a small number of transactions and prices still showing a low performance. The fluctuation of silicon manganese has led to an increase in the shipping sentiment of some manganese ore traders, coupled with an upward trend in port inventories. This week, the trend is still weak, with prices of South Africa's manganese ore 37% in Tianjin Port around 37 yuan/dmtu, some lower grades manganese ore prices around 36 yuan/dmtu, and oxide manganese ore lumps prices around 57 yuan/dmtu, with few transactions.
The trend of the manganese ore market is fluctuating, and the weak state of the market is difficult to improve. The future offer of Comilog has not yet reported, and the market's shipping sentiment is uncertain. In the short term, the manganese ore market will continue to maintain a weak trend, and large traders will remain temporarily non shipping, waiting to see the progress of steel plants' bidding and international market.