Manganese ore prices rise for first time in 2019

Low-grade manganese ore prices have clawed back some losses after three consecutive weeks of decline, with some miners holding firm on offers amid increased demand.

Fastmarkets’ 37% manganese ore index, fob Port Eizabeth, climbed 12 cents per dry metric tonne unit to $5.11 per dmtu on Friday January 25 a week after dropping below $5 per dmtu for the first time in nearly 14 months.  Fastmarkets’ 37% manganese ore index, cif Tianjin, rose 8 cents per dmtu to $5.76 per dmtu.  While some cautious miners continued...

Published

Janie Davies

January 25, 2019

16:59 GMT

London