As a result, seaborne manganese ore prices in China were little changed in the week ended March 27. The whole market is now holding for clear direction in the face of a chaotic domestic situation and intense concerns over supply.
Fastmarkets’ manganese ore index for 37% Mn, cif Tianjin
rose by 5 cents per dry metric tonne unit (dmtu) or 1.3% week on week to $4.01 per dmtu on Friday.
The corresponding index for manganese ore, 37% Mn, fob Port Elizabeth
moved up by 5 cents per dmtu or 1.5% week on week to $3.39 per dmtu on the same day.
Fastmarkets’ index for manganese ore 44% Mn, cif Tianjin
was stable at $4.27 per dmtu on March 27.
Fastmarkets reported early last week that metals and mining operations in South Africa were required to be placed on care and maintenance due to a 21-day nationwide...