Fastmarkets’ manganese ore index 37% Mn, cif Tianjin, index
ticked up by 3 cents week on week $3.78 per dmtu.
Fastmarkets’ manganese ore 37% Mn, fob Port Elizabeth, index
rose 5 cents week on week to $3.09 per dmtu on the same day.
Meanwhile, Fastmarkets’ manganese ore 44% Mn, cif Tianjin, index
inched up by 2 cents week on week to $3.89 per dmtu.
The seaborne market was relatively quiet in the past week as miners had already sold off their January-delivery cargoes in the previous weeks, and most market participants are now waiting for miners’ release of offer prices for February-delivery material, according to market participants.
“We expect several miners to make offers for February-delivery cargoes ahead...