The manganese ore market remains firm and upward trending

The manganese ore market is firm and trending upward. Silicon manganese futures prices have surged to high levels; traders continue to raise their quotations. Price-supporting sentiment is relatively strong, and some sellers are temporarily not quoting for sale. At Tianjin Port, the semi-carbonate quotation is at the highest level of 44 yuan/ton (per ton of content), with actual deals gradually following. South African high-speed (grade/index) quotations are 34-36 yuan/ton (per ton of content); Gabon quotations are 46-47 yuan/ton (per ton of content). South32 Australian lump quotations are 45 yuan/ton (per ton of content), and cml Australian lump quotations are 46-47 yuan/ton (per ton of content).

At Qinzhou Port, manganese ore prices fluctuate and trend upward. Expectations of higher forward costs increase; traders’ price-supporting sentiment is evident, and transaction prices rise slightly. Southern factories are cautious about restarting production, and manganese ore demand still needs further release.

Australian seed quotations are 38.5-39.5 yuan/ton (per ton of content); semi-carbonate quotations are 36.5-37.5 yuan/ton (per ton of content); Australian lump quotations are 43-43.5 yuan/ton (per ton of content); and South African high-speed (grade/index) ore is 33 yuan/ton (per ton of content). (My Steel Network)