MANGANESE SNAPSHOT: Tightening availability pushes up seaborne, portside ore prices

October 16, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in India, Europe, China and the United States on Friday October 15.

China
?EUR?Silico-manganese prices continued to rally in portside ore markets while an improved demand outlook buoyed the seaborne manganese ore markets.
?EUR?Some South African miners raised their offer prices for November-shipment manganese ore, which was accepted by Chinese buyers for restocking amid limited availability.
?EUR?Portside manganese ore prices sped upward. The expectation of improved ore demand from Inner Mongolia and Guangxi, where production improved following loosening of electricity restrictions, strengthened sentiment.
?EUR?Alloy producers showed strong appetite for high-grade ore,...

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