Fastmarkets’ manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China
, was 35.70 yuan ($5.24) per dry metric tonne unit (dmtu) on September 11, flat week on week. This figure was equivalent to $4.50 per dmtu excluding value-added tax and port handling fees.
The corresponding manganese ore port index, base 44% Mn, range 42-48%, fot Tianjin, China
, was calculated at 38.30 yuan per dmtu on September 11. This was equivalent to $4.81 per dmtu excluding VAT and port handling fees, and was up by only 0.10 yuan per dmtu from 38.20 yuan per dmtu in the previous week.
Some Chinese ore traders continued to raise their offer prices at the...