No demand improvement in Chinese manganese ore market

The Chinese domestic manganese ore market has moved on a stable trend during the past week. The mainstream quotations of Australian lump ore with 46 percent Mn content currently stand at $4.92/dmtu at China's Tianjin port, while offers of lump ore of 48 percent Mn content are at $4.69/dmtu. Also at Tianjin port, quotations for 44 percent grade Mn ore from Gabon are at $4.84/dmtu, while offers of South African lump ore of 38 percent Mn content are at $4.84/dmtu.
 
Demand in the manganese ore market in China has remained sluggish during the past seven days and is unlikely to improve given the soft trend in the downstream manganese alloy market. As for the coming week, it is thought that manganese ore prices in China will continue their stable movement.