Miners successfully raised offer prices for manganese ore amid price increases across the supply chain in the week to Friday June 22.
Manganese ore prices rise on miners' higher offersAlloy prices jump on tight supplyAlloy prices hold in India, Europe Manganese ore prices rose again on Friday June 22 after high producer offers were snapped up in China amid busy trading. Metal Bulletin's 37% manganese ore index, fob Port Elizabeth climbed 11 cents to $5.74 per dry metric tonne unit (dmtu). Metal Bulletin's 37% manganese ore index, cif Tianjin rose 9 cents to $6.42 per dmtu, while the 44% manganese ore index, cif Tianjin inched up 2 cents to $6.81 per dmtu. Most major producers launched offers for July deliveries and several deals were booked at offer levels. Rising commodity prices across the supply chain have made higher manganese ore prices more acceptable to consumers,...