Comilog Raises Price of Mn Ore as May Shipment to China...

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0	Comilog Raises Price of Mn Ore as May Shipment to China
1	According to the local news report, Eramet Comilog recently offered **onese manganese ore as May 2020 shipment meant for China at a drastic raised price (Hereinafter, the price is per 1% of Mn).The price of manganese lump ore with Mn being 45% is US$5.55/dmtu, up by US$1.40 from April shipment, and the price of fine ore with Mn being 43% is US$5.10/dmtu, up by US$1.35 ditto.In the Chinese domestic market after a declaration of the lockdown in South Africa, the retail price of silico manganese, which was produced domestically and imported, soared, and the recent inventory at the head of ports declined by 4.2% from the end of March. Many users have a concern for supply, because there are many uncertainties for the outlook of the market, such as the status of ore export from South Africa and the target date of completion completing the lockdown.Meanwhile, because the Chinese users, who had rushed to buy manganese ore in panic at the final week of March, calmed down after April, the overseas manganese ore mines pay attention whether an offer price made by Eramet Comilog will be concluded or not.