The mainstream assessment for manganese ore: 47% Australia lump Yuan 25/mtu at Tianjin port, 47% Australia lump Yuan 24.5/mtu at Qinzhou port; 37% South Africa semimanganese carbonate lump Yuan 21.5/mtu at Tianjin port, Yuan 21.5-22/mtu at Qinzhou port.
The import market of manganese ore is weak, manganese alloy plants put pressure on the ore price. At eleven thirty on the evening of August 12th, Beijiang of Tianjin port suffers great explosion which paralyzes the custom. The depreciation of Chinese Yuan also influences the ore in the warehouse, which rise the indirect cost. Some traders have strong will to resist; others are more willing to wait. The ore price slides slightly.
North silicomanganese 6517 mainstream assessment is at Yuan 4800-5000/ton (plus tax), south silicomanganese 6517 is at Yuan 5000-5100/ton (plus tax), silicomanganese 6014 is at Yuan 4100-4200/ton (without tax).
High carbon ferromanganese Mn65C7.0 mainstream assessment is at Yuan 4000-4100/ton (plus tax), mid carbon ferromanganese Mn75C2.0 is at Yuan 6600-6700/ton (plus tax), low carbon ferromanganese Mn80C0.4 is at Yuan 8600-8800/ton (plus tax).
The silicomanganese market today remains weak. There are plenty of spot goods, and downstream purchase is not active. Demand from northern steel mills is lessen. Though the silicomanganese 6014 are not massively produced at home, the oversupply is still a problem. The production at plants is not running well, and the will of pause is strong. As the market is not confident enough, the price may go down then. |