Fastmarkets’ manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China
was at 50.40 yuan ($7.06) per dry metric tonne unit (dmtu) (equivalent to $6.15 per dmtu, excluding value-added tax and port handling fees) on May 22, a drop of 1.40 yuan per dmtu from 51.80 yuan per dmtu previously.
Fastmarkets' corresponding high-grade manganese ore port index, base 44% Mn, range 42-48%, fot Tianjin, China
was calculated at 52.20 yuan per dmtu (equivalent to $6.35 per dmtu, excluding VAT and port handling fees) on May 22, down by 1.90 yuan per dmtu in the same comparison.
A few ore traders cut...