GLOBAL MANGANESE WRAP: Consumers favor high grade ore, boosting prices by almost 5%

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

High-grade manganese ore prices jumped in China for the first time since April because of consumers favoring higher-quality material.

High-grade material jumps by 4.8%Low-grade ore rises steadilySilico-manganese prices slide in China but hold in IndiaSilico-manganese prices rise in Europe, USFerro-manganese prices hold in Europe, US High-grade manganese ore prices jumped on Friday July 12 due to increased consumer demand for material of better quality.Fastmarkets' manganese ore 44% Mn, cif Tianjin, index climbed 27 cents to $5.91 per dry metric tonne unit (dmtu) on Friday, its first increase since April 12. A recent narrowing of the gap between 37% and 44% manganese ore means consumers see high-grade material is being of better value in today's market. "We do not have any interest for semi-carbonate now because the offers are too high. If the offer price of the low grade ore is very close to that of high...

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