Manganese ore prices up in China on power cuts, down in South Africa on rising freight costs
The prices for low and high grades of seaborne manganese ore diverged further in the week ended Friday August 6, with extensive power restrictions across China continuing to disrupt operations at alloy smelters.
Fastmarkets calculated its weekly index for manganese ore, 44% Mn, cif Tianjin, at $5.37 per dry metric tonne unit (dmtu) on Friday, up from $5.14 per dmtu previously.
Thats a 4.5% rise in our benchmark pricing!!
The Dawn of EV, page-423
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