Metal Bulletin’s 37% manganese ore index, cif Tianjin
rose six cents to $6.52 per dry metric tonne unit (dmtu) on Friday September 7 after market sources started to report tighter 37% availability. The indices will next be calculated later today, Friday September 14.
It is not unusual for producers to take advantage of favorable market conditions by selling stockpiled off-grade ores that are byproducts of their main offerings.
But over the past two weeks there have...