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manganese investing

Manganese Ore Prices Holding Steady

Charlotte McLeod
Sep. 02, 2014 04:00PM PST
Battery Metals Investing

Platts reported that manganese ore prices to China firmed today, with the 44-percent variety hitting $4.20 per dry metric ton unit CIF Tianjin.

Platts reported that manganese ore prices to China firmed today, with the 44-percent variety hitting $4.20 per dry metric ton unit CIF Tianjin.

As quoted in the market news:

‘We have not heard many transactions, but prices are holding and sellers are trying to push offers higher [by 5-10 cents],’ a miner source said.

A Chinese trader said Australian 46% manganese ore transaction prices were at $4.43/dmtu in port, adding he had bought Gabon origin ore at $4.15/dmt CIF China in the second half of August.

Click here to read the full Platts report.

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