Offers rise for portside manganese ore in China on logistical problems

Key data from Fastmarkets’ pricing sessions in China, India, Europe and the United States on Friday January 14.



China

Tianjin’s mass Covid-19 testing continued to hammer port operation and transportation links, sparking concerns over the availability of ore should the situation be prolonged. Trading activity slowed amid logistics disruptions, and portside prices for low- and high-grade manganese ore prices ticked upward after sellers raised offers citing higher costs. Seaborne low- and high-grade manganese ore markets stabilized with fresh liquidity, good buying appetite was garnered by improved...

Published

Chris Kavanagh

Declan Conway

Jon Stibbs

Siyi Liu

January 14, 2022

17:16 GMT

Shanghai, London, Galway, New York