The price for manganese ore is starting to move UP, worth noting that an increase of US$0.10/dmtu is a 2c increase in the JMS share price valuation according to analysts.
"Jupiter Mines (JMS) to benefit from price uplift. This will flow through to JMS’s Tshipi, we estimating every US10c/dmtu increase in the 37% Mn price adding 2cps to JMS share valuation.
A US$50c/dmtu increase adds 10c to JMS
Eramet raises ore prices
With South32’s force majeure tightening the manganese ore market, Eramet’s Comilog increased its ore prices 50¢ to $4.90 per dmtu for 44.5% Mn **onese ore for May shipment and its price of 43% Mn grade to $4.70. Both prices are c.i.f. However, manganese alloy prices are stagnating which is putting increasing pressure on smelters.
Manganese ore prices starting to move UP
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $627.0M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.5¢ | 31.5¢ | $495.6K | 1.553M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 371158 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 385977 | 17 |
View Market Depth
| Last trade - 12.27pm 27/05/2024 (20 minute delay) ? |
|
|||||
|
Last
32.0¢ |
Change
0.000 ( 0.09 %) |
||||
| Open | High | Low | Volume | ||
| 32.0¢ | 32.5¢ | 31.5¢ | 600898 | ||
| Last updated 12.37pm 27/05/2024 ? | |||||
| JMS (ASX) Chart |