Spread between high-grade, low-grade manganese ore prices to China narrows down

The price spread between higher- and lower-grade manganese ores to China has continued to narrow since February, with the latter becoming “more attractive” to smelters due to its relatively lower cost, according to market participants.

Fastmarkets’ latest indices for both grades show prices have continued to fall since February.

Fastmarkets calculation for its higher-grade manganese ore index, 44% Mn, cif Tianjin was $4.82 per dry...

Published

Holly Chant

Tina Tong

May 10, 2023

13:30 GMT

Shanghai

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