China Manganese Ore Market Movement (2013-12-5)

SHANGHAI, Dec. 5 (SMM) –

Manganese Ore Market:

Many manganese alloy producers in Inner Mongolia have been forced to close due to environmental protection inspections. This depressed manganese ore demand and forced overseas suppliers to cut prices by USD 0.05-0.1/mtu.

Transactions:

Small quantities of Zambian manganese ore were traded in China’s southern ports.

Manganese Alloy Market:

Mainstream quotations for 65/17 silicomanganese alloy in north China were cut by RMB 50/mt on average. Silicomanganese alloy procurement prices by most steel mills for shipments in December fell, SMM’s survey has found. Producers in north China cut offers due to higher profit margins than in south China, while their counterparts in south China were reluctant to sell at lower prices due to higher production costs.

Prices of imported manganese ore are shown in the table below:

Origin	Grade	Dec. 5 Price (RMB/mtu)	Dec. 4 Price (RMB/mtu)	Price Change	Region	Notes
Australia (lump)	Mn47-48%	40.5-41	40.5-41	→	Tianjin port
	Mn47-48%	40-40.5	40-40.5	→	Qinzhou port, Zhanjiang Port
South Africa (mixed carbonate manganese ore, lump)	Mn38% Fe5%	34.5-35	34.5-35	→	Tianjin port, Lianyungang
	Mn38% Fe5%	35	35	→	Qinzhou port, Fangchenggang
Brazil (lump)	Mn44-45%	37	37	→	Qinzhou port, Zhanjiang Port
	Mn44-45%	37-37.5	37-37.5	→	Tianjin port, Lianyungang
Malaysia (lump)	Mn33% Fe10%	30	30	→	Tianjin port
	Mn33% Fe10%	30	30	→	Zhanjiang Port, Qinzhou port
Notes: prices in the table refer to mainstream traded prices.