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The manganese ore price was down in Tianjin Port

Time:Tue, 18 Jun 2024 11:28:36 +0800

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At the beginning of the week, the manganese ore market maintained a wait-and-see trend, with average inquiries and transaction performance. The price was down in Tianjin Port's market of China. Downstream manganese alloys prices were still low, leading to temporarily pessimistic sentiment on the manganese ore side. Some low-priced shipments caused market price chaos, but there are still some who hold low prices and do not sell them temporarily. The prices of South Africa's manganese ore 37% in Tianjin Port was 48-50 yuan/dmtu, down 1-1.5 yuan/dmtu this week. Australian manganese ore price was 70-73 yuan/dmtu, down 1-2 yuan/dmtu. Downstream silicon manganese prices also fell, with silicon manganese 6517 reporting ex factory prices of 7,400-7,600 yuan/ton.
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