On on 29 June E25 released OHM's quarterly report. This included the paragraph:
"Price of 44% Mn Ore closed at US$5.15/dmtu CIF China at the end of June 2021, a slight decrease from US$5.32/dmtu CIF China at the end of March 2021".
The price for 44% ore could be in the mid $6's now. The article below references 5.34% increase from 39.30 yuan which at 6.39 yuan to the USD is a price of $6.48.
The article below also talks about a widening spread between 44% ore and 37% ore, with a spread increase to $1.32, however if you take of $1.32 from $6.48 you are still over $5 for the 37% pricing. I'm not sure how the 37% ore pricing aligns to what E25 is shipping, but it all indicates something above the Roskill assumed price of $4.37.
The widening spread comments broadly align with the +5 to +8% increases over the last 60 days that are shown on the Asian Metals site for 37% ore.
Portside manganese ore markets jump; low- and high-grade price gap widens | Metal Bulletin.com
I'm expecting a good quarterly update.
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