The Chinese manganese ore market has continued to move on a slight upward trend during the past week. The mainstream quotations of Australian lump ore with 44 percent Mn content currently stand at $6.57/dmtu at China's Tianjin port, while offers of South African origin lump ore of 44 percent Mn content are at $6.40/dmtu. Also at Tianjin port, quotations for 38 percent grade Mn ore from Australia are in the range of $6.40/dmtu, while offers of South African lump ore of 38 percent Mn content are at $6.24/dmtu.
In the Chinese manganese ore market, in the past week supply has still been characterized by tightness, while demand has increased. Especially at southern Chinese ports, shortages of inventory are observed for certain grades of manganese ore. Meanwhile, in the downstream domestic manganese alloy market, purchase prices have risen for December, which may provide support for manganese ore prices. China's manganese ore market is expected to be characterized by an upward price tendency in the coming week.