JMS 0.00% 32.0¢ jupiter mines limited.

Tshipi Manganese price, page-53

  1. 180 Posts.
    GLOBAL MANGANESE WRAP: Ore indices stabilise as Chinese port prices rise
    Manganese ore prices were largely stable last week, supported by a steady flow of enquiries and alloy futures strength in China, while alloy prices elsewhere also resisted large swings.
    • Manganese ore prices resist pressure from weaker demand
    • Futures strength and steelmaking demand support manganese alloys in China
    • Summer maintenance hits ferro-manganese in Europe
    • US ferro-manganese prices continue ascent amid constrained supplies

    Ore prices diverge
    Manganese ore prices for high and low grade manganese ore diverged slightly last week amid continued demand for 37% material and a lull in buying activity for 44% ore.

    Metal Bulletin's 37% manganese ore index was calculated at $4.06 per dmtu, up 3 cents week-on-week.

    Good buying interest offset the effect of good supplies, facilitating the slight increase in prices.

    "There is a little bit of oversupply but the demand is quite good, I have enquiries I simply can't meet," a producer source said.
 
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