Imported Manganese Ore Price Keeps at High Level

  • Tuesday, April 15, 2008
  • Source:

  • Keywords:Manganese Ore
[Fellow]
Since manganese alloys market appears to be silent recently, demand for the high price import manganese ore also weakens. There are already rumors that manganese ore price in China’s ports have been slipping last week, saying that RMB110/mtu for 45-48% lump ores from Gabon, Australia and Brazil, while RMB105/mtu for 44% Australia lump ore. After contacting with several traders in different ports, however, www.ferro-alloys.com found that the rumor of slipping price was not true.
 
According to traders from Tianjin, Zhanjiang and Zhejiang, import manganese ore price still performs steadily recently. Market price for high grade imported manganese ore keeps at above RMB115/mtu, as there was transaction for Brazilian lump ore 45.86% made by RMB118/mtu.
 
In addition, insiders also indicate that the rumors for manganese ore from Thailand, Indonesia, Turkey etc has struck the market for traditional Australia, Gabon, Brazil and South Africa ones was not true. A trader told www.ferro-alloys.com that purchase volume of such unfamiliar ores was always no more than 500-1,000tons. What users and traders concern were still the price and market of those traditional manganese ores. And the market for import manganese ore is expected to keep stable in the near future. (Xue Rui)
  • [Editor:editor]

Tell Us What You Think

please login!   login   register
  • Buy & Sell

 
Please be logged in to comment!