Chinese domestic manganese ore prices have mostly been stable during the past week, but with slight downticks in prices also seen. The mainstream quotations of Australian lump ore with 46 percent Mn content currently stand at $5.83/dmtu (RMB 40.5/dmtu) at China’s Tianjin port, while offers of lump ore of 48 percent Mn content are at $5.25/dmtu (RMB 36.5/dmtu). Also at Tianjin port, quotations for 44 percent grade Mn ore from Gabon are at $5.32/dmtu (RMB 37/dmtu), while offers of South African lump ore of 38 percent Mn content are at $4.53/dmtu (RMB 31.5 /dmtu). （$1 = RMB 6.951）
Overall trading in the Chinese domestic manganese ore market activity has improved a little in the past week but is still considered to be weak. Any price decreases have been smaller since high-cost shipments have reached Chinese ports, providing support for manganese ore prices. Downstream manganese alloy prices have just indicated minor fluctuations. As for the week ahead, it is believed that manganese ore prices may just fluctuate slightly.