GLOBAL MANGANESE SNAPSHOT: High-grade ore price bounces on large sales; alloy prices fall across the board on aggressive offers, weak demand [CORRECTED]

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 8.



China 

The high-grade manganese ore index recovered some of the recent losses after a number of large sales were made above the previous week’s index.  Seaborne low-grade manganese ore prices slid amid persistently weak market sentiment and lower producer offers.  An increasing number of Chinese buyers showed renewed interest in seaborne cargoes because they expect further price falls to be limited.  Portside manganese ore prices of both grades continued to trend downward after...

Published

Janie Davies

Chris Kavanagh

Declan Conway

Amy Lv

November 12, 2019

09:13 GMT

Shanghai, London, New York, Galway