GLOBAL MANGANESE WRAP: Ore surges; alloys strengthen in Europe, India; Chinese alloys flat
Manganese ore prices jumped last week, supported by strong demand in the steel sector, recent robust alloy prices in China and a summer draw-down in Chinese ore stocks.
The 37% index surged 11% from last week to $5.09 per dry metric tonne unit (dmtu) fob Port Elizabeth, its highest level since January. The 44% index climbed to $6.32, a 3% rise from the previous week.
- The 37% ore index jumped 11%
- Alloy trading thin in China; expectations strong ahead of holiday
- Indian silico-manganese prices hit fresh record high
- European alloy prices find strength after summer
Manganese price chart looking healthy, page-18
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Last
37.3¢ |
Change
0.043(12.9%) |
Mkt cap ! $729.9M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 41.0¢ | 33.5¢ | $13.77M | 36.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 240205 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 450139 | 19 |
View Market Depth
| Last trade - 13.58pm 13/05/2024 (20 minute delay) ? |
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Last
37.0¢ |
Change
0.043 ( 12.7 %) |
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| Open | High | Low | Volume | ||
| 33.0¢ | 41.0¢ | 33.0¢ | 13344653 | ||
| Last updated 14.09pm 13/05/2024 ? | |||||
| JMS (ASX) Chart |