October 2019

Miners make further sharp cuts to manganese ore offers

Manganese ore market participants are braced for more sharp price drops amid reports on Thursday October 31 of miners cutting offer prices by as much as 15-20% since the weekend.

IN CASE YOU MISSED IT: 5 key stories from October 30

Here are five Fastmarkets MB stories you might have missed on Wednesday October 30 that are worth another look.

South African manganese exports hit new records in September and October

South Africa’s manganese ore exports hit record levels of over 1.8 million tonnes in September and October 2019, shipping data shows.

IN CASE YOU MISSED IT: 5 key stories from October 28

Here are five Fastmarkets MB stories you might have missed on Monday October 28 that are worth another look.

PRICING NOTICE: Correction to pricing rationale of Fastmarkets’ manganese ore 37% cif China index

Fastmarkets has corrected the pricing rationale for its manganese ore 37% index cif China that was published incorrectly on Friday October 25 due to a reporter error.

Manganese ore prices tumble further amid oversupply

Seaborne low-grade manganese ore prices in China fell sharply in the week ended Friday October 25 amid aggressive attempts to liquidate material and falling market sentiment.

PRICING NOTICE: Proposal to increase regularity of normalization of manganese ore brands, extend consultation into payment terms

Fastmarkets proposes to increase the frequency of the normalization price data for its seaborne manganese ore indices to monthly from quarterly.

Indian silico-manganese market at 3-year low; Europe prices also down

Persistently weak demand and sliding manganese ore prices have combined to drag down Indian silico-manganese prices to a level last seen on October 16, while the Europe market was also lower for similar reasons, according to European and Indian industry sources on Friday October 25.

GLOBAL MANGANESE SNAPSHOT: Lower grade ore plunges sparking a liquidity surge

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 25.

BATTERY RAW MATERIALS MARKET REPORT 25/10: Nickel sulfate buyers remain cautious amid volatility

An overview of the battery raw materials markets and their latest price moves.