Portside prices for both low- and high-grade manganese ore in China changed little over the week ended Friday September 11, with some alloy smelters retreating from the market after restocking to meet prompt production needs in the previous two weeks, market sources have told Fastmarkets.
Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China, was 35.70 yuan ($5.24) per dry metric tonne unit (dmtu) on September 11, flat week on week. This figure was equivalent to $4.50 per dmtu excluding value-added tax and port handling fees.Some Chinese ore traders continued to raise their offer prices at the...