The Chinese domestic manganese ore market has moved on a slight uptrend in the past week. The mainstream quotations of Australian lump ore with 46 percent Mn content currently stand at $5.46/dmtu at China's Tianjin port, while offers of lump ore of 48 percent Mn content are at $5.23/dmtu. Also at Tianjin port, quotations for 44 percent grade Mn ore from Gabon are at $5.62/dmtu, while offers of South African lump ore of 38 percent Mn content are at $5.16/dmtu.
Overall trading activity in the Chinese manganese ore market has been at normal levels in the past seven days. At the same time, the downstream manganese alloy market has been characterized by some softness as regards prices, while trading activity for manganese alloys is on the weak side. It is believed that the Chinese manganese ore market will be mostly stable in the coming week, though with some minor downticks also possible.