Chinese portside manganese ore prices fall further on sparse buying interest

Chinese domestic portside ore prices of both grades moved lower for the second consecutive week after some ore traders slashed their offer prices to facilitate sales in response to persistently weak buying appetite.

Fastmarkets’ manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China, was 35.60 yuan per dmtu (equivalent to $4.37 per dmtu, excluding value-added tax and port handling fees) on February 21, down by 0.90 yuan per dmtu week on week.

Fastmarkets’ high-grade manganese ore port index, base 44% Mn, range 42-48%, fot Tianjin, China, was 37.70 yuan per dmtu (equivalent to $4.61 per dmtu, excluding VAT and port handling fees) the same...

Published

Amy Lv

February 24, 2020

09:32 GMT

Shanghai