Fastmarkets’ manganese ore 44% Mn, cif Tianjin
jumped by 58 cents (12.30%) to $5.29 per dry metric tonne (dmtu) on Friday, from $4.71 per dmtu a week prior.
Fastmarkets’ manganese ore index 37% Mn, cif Tianjin
rose to $4.72 per dmtu on the same day, up by 22 cents (4.9%) from $4.50 per dmtu a week earlier.
Fastmarkets’ manganese ore 37% Mn, fob Port Elizabeth
rose by 29 cents to $3.48 per dmtu on Friday, from $3.19 per dmtu.
The South African rand has been trading higher against the United States dollar, meaning that when South African miners sell in dollars, they earn less back in their local currency, while protracted high freight rates have pushed up...