GLOBAL MANGANESE SNAPSHOT: Relative stability in cif ore prices; oversupply continues

November 16, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday, November 15.

China The seaborne manganese ore price of low-grade material ticked up for the first time since August 30. Trading was light, however, and oversupply continued.The increase in the index for low-grade fob material also rose in response to falling freight rates. Freight rates are subtracted from the cif price to calculate fob data at times of low liquidity.The high-grade seaborne manganese ore price softened slightly amid relatively limited trading activity in comparison to the high volumes sold last week.Portside manganese ore prices of...

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