Portside prices of both low and high-grade manganese ore in China ticked down in the week ended Friday November 20, after many domestic alloy smelters retreated from the market following a wave of restocking that had contributed to price gains in the prior two weeks.
Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was 30.60 yuan ($4.66) per dmtu on November 20, down by 0.30 yuan per dmtu from 30.90 yuan per dmtu a week earlier. This latest figure is equivalent to $3.98 per dmtu excluding value-added tax and port handling fees."It's clear the number of inquiries shrank evidently...