Seaborne manganese ore prices little changed amid thin trading

May 25, 2021 / www.metalbulletin.com / Article Link

The seaborne low and high-grade manganese ore markets were quiet in the week to Friday May 21, while the portside market remained stable against strengthening silico-manganese prices, sources said.

Fastmarkets' manganese ore index 37% Mn, cif Tianjin edged down by 1 cent (0.20%) to $4.50 per dry metric tonne unit (dmtu) on Friday, from $4.51 per dmtu a week earlier.
The semi-carbonate market was largely on hold due to buyers taking a 'wait-and-see' approach after purchasing activity in the previous week, sources said
Market sentiment was slightly more positive for the high-grade manganese ore market after some miners' slashed their offer prices for June-shipment on strong buying interest.

Fastmarkets' manganese ore 44% Mn, cif Tianjin moved up by 3 cents (0.60%) to $4.68 per dmtu, from $4.65 per dmtu...

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