Fastmarkets’ manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China
was at 47 yuan ($6.58) per dry metric tonne unit (dmtu) (equivalent to $5.70 per dmtu, excluding value-added tax and port handling fees) on May 29, a drop of 3.40 yuan per dmtu from 50.40 yuan per dmtu a week before.
Fastmarkets' corresponding high-grade manganese ore port index, base 44% Mn, range 42-48%, fot Tianjin, China
was calculated at 48.20 yuan per dmtu (equivalent to $5.82 per dmtu, excluding VAT and port handling fees) on May 29, a dip of 4 yuan per dmtu from 52.20 yuan per dmtu in the previous week.
Previously, several market participants believed that portside ore prices in China...