China's manganese market was little moved in the last week of December with many market participants away for the Christmas and New Year holidays.
Fastmarkets' 37% manganese ore index, fob Port Elizabeth, inched up by 6 cents to $5.62 per dry metric tonne unit (dmtu) on December 28. Fastmarkets' 37% manganese ore index, cif Tianjin, rose by 4 cents to $6.29 per dmtu, while the 44% manganese ore index, cif Tianjin, was unchanged at $6.89 per dmtu on Friday. Seaborne trades were still heard at producers' offer levels although the number of trades fell. Volumes bought were also smaller because of the upcoming Chinese New Year holiday (February 4-10), meaning most of the Chinese market will be away for the first two weeks of February and will consume less of...