Manganese ore market fears bearish outcome of coronavirus

Fastmarkets’ manganese ore index 37% Mn, cif Tianjin declined by 2 cents per dry metric tonne unit (dmtu) or 0.5% week on week to $4.27 per dmtu on January 31.
Fastmarkets’ manganese ore 37% Mn, fob Port Elizabeth index moved down by 3 cents or 0.8% to $3.56 per dmtu from the week before.
Fastmarkets’ index for manganese ore 44% Mn, cif Tianjin nudged down by 1 cent per dmtu week on week to $4.30 per dmtu on the same day.

The liquidity was extremely light, however, because many Chinese participants were absent from the market due...