Metal Bulletin reported that Chinese manganese ore prices stayed steady today “as large miners held offers and buyers waited for direction.”
As quoted in the market news:
The Metal Bulletin index price for 38% manganese ore, fob Port Elizabeth, rolled over at $3.06 per dmtu. Metal Bulletin’s index price for 44% manganese ore, cif Tianjin rolled over at $4.24 per dmtu. Prices have been falling for weeks amid ample port inventory in China and aggressive offering by producers.