MANGANESE SNAPSHOT: High grade seaborne ore prices rise in China

August 07, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in Europe, Asia and the United States for the week ending Friday August 6.

China
The seaborne low-grade manganese ore price edged lower after suppliers cut offers on September cargoes amid rising port inventories and weakness in the domestic portside market.

The seaborne high-grade manganese ore price ticked up with higher offer prices in the spot market, though some buyers were reluctant to take units due to sluggish demand from downstream alloy smelters.

Portside prices for both grades dropped on slow trades after alloy smelters minimized purchases amid suspended operations due to power restrictions in...

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