The Chinese domestic manganese ore market has mostly moved on a stable trend in the past week. The mainstream quotations of Australian lump ore with 46 percent Mn content currently stand at $5.00/dmtu at China’s Tianjin port, while offers of lump ore of 48 percent Mn content are at $4.84/dmtu. Also at Tianjin port, quotations for 44 percent grade Mn ore from Gabon are at $5.00/dmtu, while offers of South African lump ore of 38 percent Mn content are at $5.00/dmtu.
Overall trading activity in the Chinese manganese ore market has remained slack in the past week. Some traders hold a negative view of the prospects for the market and may give certain discounts in order to attract deals. Low inventory provides a certain degree of support for market prices, though new shipments will arrive in the next few weeks, and so manganese ore prices in China may again start to move on a soft trend.