GLOBAL MANGANESE SNAPSHOT: Ore prices edge higher on rising costs, stronger silico-manganese futures

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday February 19.


China

Low-grade seaborne manganese ore prices inched higher on a cif basis amid improved supplier sentiment due to rising logistics costs and the stronger South African rand, which reduces miners’ netback in local currency. A steep rise in freight rates widened the gap between fob and cif prices for low-grade material, pushing fob prices lower when calculated in relation...

Published

Janie Davies

Chris Kavanagh

Jon Stibbs

Siyi Liu

February 19, 2021

19:11 GMT

London