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 $5.28/dmtu at China's Tianjin port, while offers of lump ore of 48 percent Mn content are at $5.53/dmtu. Also at Tianjin port, quotations for 44 percent grade Mn ore from Gabon are at $5.20/dmtu, while offers of South African lump ore of 38 percent Mn content are at $4.72/dmtu.
Overall trading activity in the Chinese domestic manganese ore market has remained slack during the past seven days. While quotations have remained stable, traders are willing to negotiate in actual transactions in order to increase sales. The market is waiting to hear overseas miners' quoted prices for February. Meanwhile, approaching the end of the Chinese year, liquidity in the market is tighter. For the coming week, it is thought that some slight decreases may be seen in manganese ore prices in China.