High, low grade manganese ore seaborne prices diverge

The price of high-grade manganese ore to China edged down in the week to Friday December 1, due to the ample availability of Australian ore and falling demand from smelters, while prices for lower-grade manganese ore in the seaborne market remained stable due to the strengthening yuan amid bearish sentiment.

Portside prices continued falling, with sellers reducing offers to secure bookings and reclaim capital at year-end.
Seaborne markets quiet; freight rates rise further

Seaborne prices of manganese ore were stable...

Published

Claire Patel-Campbell

Tina Tong

December 04, 2023

11:33 GMT

Shanghai, London