High ore supply weighs on CIF China manganese prices but market looks to Q4 smelter demand

Manganese ore prices, delivered to China, have been trending lower since early February, with Fastmarkets analysts and market sources expecting steady growth in supply and high inventory levels to drag on prices.

Fastmarkets calculated its weekly manganese ore index, 44% Mn, cif Tianjin at $4.43 per dmtu on Friday August 4, unchanged on a weekly basis and ending its recent downward trend...

Published

Holly Chant

Tina Tong

August 10, 2023

17:00 GMT

Shanghai, London