Fastmarkets’ manganese ore index 37% Mn, cif Tianjin
, edged down by 2 cents per dry metric tonne unit (dmtu) week on week to $4.46 per dmtu on February 14.
Fastmarkets’ manganese ore index 37% Mn, fob Port Elizabeth
, dipped by 2 cents week on week to $3.83 per dmtu the same day.
Fastmarkets’ index for manganese ore 44% Mn, cif Tianjin
, nudged up by 1 cent per dmtu week on week to $4.56 per dmtu on February 14.
Liquidity in the low-grade ore market was light last week because ore miners had already sold out their March-delivery cargoes in previous weeks.
But some high-grade ore miners made offers for March-delivery tonnages and successfully concluded deals.
Despite some buyers...