The Chinese domestic manganese ore market has followed a stable trend during the past week. The mainstream quotations of Australian lump ore with 46 percent Mn content currently stand at $4.23/dmtu at China's Tianjin port, while offers of lump ore of 48 percent Mn content are at $4.39/dmtu. Also at Tianjin port, quotations for 44 percent grade Mn ore from Gabon are at $3.74/dmtu, while offers of South African lump ore of 38 percent Mn content are at $3.66/dmtu.
Overseas miners' manganese ore quotations to China have remained unchanged for June shipment, providing support for the stability of manganese ore prices in China. Trading activity in the domestic market has improved slightly in the past week, but is still sluggish. Traders remain downbeat on the prospects for the manganese ore market in the coming period. For the coming week, it is thought that manganese ore prices in the Chinese market will continue their stable trend.