KAB 0.00% 0.1¢ kaboko mining limited

manganese price have started to rebound, page-8

  1. 7,746 Posts.
    Heres an article:

    http://www.ferroalloynet.com/analysis/zambia_manganese_ore_mining_company_searching_for_product_diversity.html

    Thu, 20 Dec 2012

    " As far as we know that the Zambia has the dry and wet seasons every year, during the wet seasons the manganese ore production is deeply influenced, almost ceased the production during the rainy season. What would the Zambia manganese ore mining company do during the rainy season?

    Most of the manganese ore miners in Zambia not just only in one kind of mineral, most of them have other kind of business, such as the lime, copper and others. However other manganese ore mining companies which are mainly in manganese ore mining, now they are searching for the copper ore or other business to release the tough condition while wet season.

    One Chinese Zambia manganese ore trader indicates that the Zambia manganese ore is not so popular right now, and he could hardly get any supply from his suppliers in Zambia. Therefore he changes to other business during the Zambia wet season. So the Zambia manganese ore will only come back after the wet season. Currently, the international price of Zambia mn>50%Fe<3%P<0.1 lumpy is about CIF China USD5.2-5.3/DMTU.
    "

    That site also has some charts but you need to register. Price has been fairly flat between $5-$5.3 for the second half of 2012.

    BHP usual have prices in the reports too and we are using BHP benchmark as our contract price. So a useful read.
 
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