GLOBAL MANGANESE SNAPSHOT: Lower grade ore plunges sparking a liquidity surge

October 26, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 25.

China The seaborne manganese ore prices in China continued to fall amid aggressive offer prices and persistently weak market sentiment. Higher grade offer prices fell but liquidity was light indicating many buyers anticipated the market would soften further.   Port-side manganese ore prices also fall further after some traders heavily reduced offer prices to offload stock and generate cash. The Chinese domestic silico-manganese price slid again amid abundant supply and lackluster...

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