The manganese ore spot prices continue to decline in China
Time:Wed, 07 Aug 2024 11:21:21 +0800
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Today, the low price transactions in the manganese ore market have increased, and inquiries from manufacturers continue to decline. The price of South African carbonate manganese ore 37% is around 36-37 yuan/dmtu, which remains stable. Although Australian manganese ore traders have less willingness to sell at low prices, the market price at Tianjin Port is 56-58 yuan/dmtu, a decrease of 1-2 yuan/dmtu. Today, the price of manganese ore in Qinzhou Port continues to weaken, resulting in few transactions. The spot market for silicon manganese is running weakly, and some factories have expectations of production reduction. Silicon manganese 6517 reported a cash ex factory price of 6,400-6,500 yuan/ton.
