The Chinese manganese ore market has seen increased activity in the past week, though prices have not changed yet. The mainstream quotations of Australian lump ore with 44 percent Mn content currently stand at $6.36-6.52/dmtu at China's Tianjin port, while offers of South African origin lump ore of 44 percent Mn content are at $6.50-6.67/dmtu. Also at Tianjin port, quotations for 38 percent grade Mn ore from Australia are in the range of $5.71-5.87/dmtu, while offers of South African lump ore of 38 percent Mn content are at $5.81-5.96/dmtu.
The trading volume in the Chinese manganese marker has risen sharply in the past week, though activity in the north of China continues to be better than in the south. Lately, inventory at the southern ports has been decreasing. Meanwhile, the situation in the downstream alloy market has contributed to the ongoing stability of manganese ore prices.