GLOBAL MANGANESE SNAPSHOT: Ore prices jump on higher miner offers

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday March 5.

China  High-grade seaborne ore prices rose after miners raised their offers for April shipment. Some buyers accepted the elevated offers, while others showed resistance given the current portside prices and persistently high port inventories.  Low-grade prices continued upwards after miners released higher offers to reflect rising freight costs and unfavorable currency moves. Still, bearish sentiment remained among buyers amid lower expectations...

Published

Janie Davies

Chris Kavanagh

Declan Conway

Siyi Liu

March 05, 2021

17:32 GMT

London, New York, Shanghai, Galway