Port prices of both low- and high-grade manganese ore in China continued to trend upward in the week to Friday December 18 after ore traders raised their offers further, partly boosted by the rallying futures silico-manganese market, market sources said.
Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was 32.30 yuan ($4.94) per dmtu on December 18, up by 1 yuan per dry metric tonne unit (dmtu) from 31.30 yuan per dmtu a week earlier. The latest figure is equivalent to $4.23 per dmtu excluding value-added tax and port handling fees.Domestic ore traders generally made higher...