Why might the current price of 44% Mn be US$5.60? - because that...

Why might the current price of 44% Mn be US$5.60? - because that aligns to what both Fastmarkets and OHM are reporting.

The price is reset weekly for the product MN-MNO-0001. The OHM quarterly's have reported the end of quarter prices:

• OHM end of March price was $5.32. From the graph below the price would appear to be +28% (27 March). $4.16*1.28=$5.32
• OHM end of June price was $5.15. From the graph below the price would appear to be +23.7% (26 June). $4.16*1.237=$5.15
• OHM end of Sept price was $5.22. From the graph below the price would appear to be +25.4% (25 Sep). $4.16*1.254=$5.22
• I am guessing what the starting point is for the graph, but three quoted points are all consistent with $4.16
• The 4 December price would look to be about +34.7%. That would make the price about $5.60 ($4.16*1.347)

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