You want to know how good for FY08. Fantastic is the only word...

You want to know how good for FY08. Fantastic is the only word to describe it.
This is from www.asiametal.com
Mn ore price to push up next quarter 2007-5-31 10:52:41 BEIJING (Asian Metal) 31 May 07 – Manganese ore tightness is getting worse and some participants are already airing producers are bend on increasing price by almost 50%, however, all attempt to confirm from producers failed. According to manganese alloy producer in India, manganese ore producers in Australia have decided to increase price for next quarter by almost 50% due to shortage of material and increasing demand. Normally the company buy 7,000tpm but they are informed that cannot get up to that quantity, price now for July -August consignment is USD6-6.5/dmtu CIF Calcutta for lumpy 48% Mn. The domestic producers like Tata are not offering material for sales and other are selling limited quantity. A trader source in Singapore informed that in Shanghai ferroalloy summit, it was unanimously agreed by producers and consumers to hike standard grade manganese ore next quarter to USD6.5/dmtu CIF Chinese main port for 48% Mn, presently, price is stable and supply is still tight. Although manganese ore market is still tight, for prices to double next quarter would definitely worsen already volatile manganese alloy market.