GLOBAL MANGANESE SNAPSHOT: Seaborne ore prices reverse losses amid stronger downstream markets

Key data from Fastmarkets’ Friday May 7 pricing sessions in China, India, Europe and the United States.

China Seaborne low- and high-grade manganese ore markets recovered after deals were signed at higher prices for June shipment, and sentiment reacted to stronger downstream markets. Portside low- and high-grade manganese ore prices stayed firm with increased demand from smelters due to profitable alloy prices, although higher offers quoted by some suppliers have not yet been realized in large deals. Spot silico-manganese prices continued to rise with sentiment fueled by futures gains amid...

Published

Janie Davies

Chris Kavanagh

Declan Conway

Siyi Liu

May 07, 2021

16:42 GMT

Shanghai, London, Galway, New York