Portside prices for both low- and high-grade manganese ore in China rose in the week to Friday August 7, snapping a run of six consecutive weekly declines, after traders raised their offer prices in response to strength in the seaborne market.
Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was at 35 yuan ($5.02) per dry metric tonne unit (dmtu) on August 7 - equivalent to $4.32 per dmtu excluding value-added tax and port handling fees and up by 0.6 yuan from 34.40 yuan per dmtu a week earlier.The increases in the seaborne market,...