Manganese ore prices resumed their upward trend on Friday June 2, with high-grade prices gaining more than 5% amid tight availability.
Metal Bulletin’s 44% manganese ore index cif Tianjin rose 31 cents to $6.04 per dmtu while the 37% manganese ore index fob Port Elizabeth rose 7 cents to $4.62 per dmtu.
- Ore prices back up after pause
- High-grade ore rises more than 5%
- Alloys prices hold in China, India and Europe
- Ferro-manganese prices rise in USA
- US manganese alloy supply remains tight
Market participants anticipate higher prices from high-grade producers in the near future while inventories in China contract.
"High-grade is particularly tight. The truth is it can be sold in one day. Chinese stocks are low – port inventory is below 3 million tonnes," a producer source told Metal Bulletin.
Tshipi Manganese price, page-50
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.3¢ |
Change
-0.008(2.34%) |
Mkt cap ! $622.3M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 31.0¢ | $1.137M | 3.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 315995 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 405197 | 32 |
View Market Depth
| Last trade - 12.24pm 25/06/2024 (20 minute delay) ? |
| JMS (ASX) Chart |