Fastmarkets’ manganese ore index 37% Mn, cif Tianjin was at $4.53 per dry metric tonne unit (dmtu) on Friday December 17, down by $0.03 per dmtu (-0.7%) from $4.56 per dmtu a week earlier.
Fastmarkets’ index for manganese ore 37% Mn, fob Port Elizabeth was at $3.20 per dmtu on the same day, also down by $0.03 per dmtu (-0.9%) from $3.23 per dmtu a week earlier.
Fastmarkets’ index for manganese ore 44% Mn, cif Tianjin was at $5.46 per dmtu last Friday, down by $0.03 per dmtu (0.6%) as well from $5.49 per dmtu on December 10.
“There has been no issues concerning Covid-19 affecting activity in South Africa and supporting the market. Alloy demand is weakening and I am expecting prices to continue to fall until they get closer to producers’ cost,” a producer source in...
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