Fastmarkets’ calculation of the manganese ore index, 37% Mn, cif Tianjin
edged down by 7 cents per dry metric tonne unit (dmtu) to $4.58 per dmtu on Friday from $4.65 per dmtu on July 16.
The index for manganese ore 37% Mn, fob Port Elizabeth
was calculated at $3.04 per dmtu on the same day, down from $3.10 per dmtu the preceding week.
Despite the riots in KwaZulu-Natal province in South Africa and related effects on logistics from other regions, Chinese buyers are reportedly confident
about being able to source semi-carbonate manganese ore at ports.
“A week’s supply disruption isn’t enough to shift this market” a seller told Fastmarkets.