https://www.jupitermines.com/projects/tshipi/manganese-price-information
spot price now at US$3.24 up 5% vs last week.
There is now a buying frenzy among those who missed out on locking in manganese price at $2.60. At current prices manganese is still at the low end of the cycle thus it will encourage buyers to continue to lock in prices driving up the spot price over the next year. Especially the buyers situated in China who have difficulties securing domestic production which is continuously dropping.
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Escrowed shareholders all sold out at 23cents when they panicked about the spot price, thus with this sustained fast recovery in manganese prices to the mean, JMS will retest 40cents over the next few weeks
not advice
Manganese spot price going up
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Last
28.0¢ |
Change
-0.005(1.75%) |
Mkt cap ! $548.6M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.3¢ | 28.0¢ | $563.0K | 1.961M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 383630 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 18000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
Change
-0.005 ( 2.61 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 29.5¢ | 28.0¢ | 378356 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| JMS (ASX) Chart |