www.ferroalloynet.com: Today’s SA manganese ore price as following: SA Mn30-32%Fe20% is being offered at 33 CNY/DMTU in Tianjin port and it concluded at 32-33 CNY/DMTU. In Qinzhou port, the price is accessed at 37 CNY/DMTU and it concluded at 35-36 CNY/DMTU. Suppliers are offering firm offer currently due to the concentrated resources in several traders in Qinzhou port. Same with Qinzhou port, the price also remain firm in Tianjin as the market resources are controlled by a few suppliers.
There is limited manganese ore with high iron can be supplied in Qinzhou, and only a small quantity of Australia manganese ore with middle Fe contend. Egypt manganese ore with high iron are enjoying the same market as the price advantage. Buyers may turn to attention to Egypt manganese ore if SA manganese ore resources can be hard to found. For now, SA manganese ore spot price increase with stable raise, so as the shipping price: SA Mn30-32%Fe20% is being offered at 3.17 USD/DMTU on the basis of CIF (By container) for October shipment.