[Ferro-Alloys.com]In recent period, it seems that poor performance of manganese alloys further wane traders’ confidence on push up sale price.

As for spot market, Australian Mn46 lumps are currently focused on RMB33.5-34/mtu and the same for Mn48 sand ore. South African Mn38 lumps are pricing at RMB29-29.5/mtu while RMB32.5-33.5/mtu for Mn32%Fe20%. Gabonese Mn 45-46 lumps are now lingered about RMB31.5-32/mtu while RMB30.5-31.5/mtu for Brazilian Mn 44-45 lumps and RMB29-29.5/mt for sand ore.

In terms of global ore giant new round shipment to China, it is said that BHP already released October manganese ore shipment to China. Price for Mn45.5% Fe<5% lump ore was lifted up to USD4.53/mtu from USD4.5/mtu for Septmber, and Mn49% Fe<5% sand ore was pushed up to USD4.40/mtu from USD4.37/mtu.

Since rising cost but dipping sale continued to challenge bottom line that alloy suppliers can endure, it is predicted that sale pressure for imported manganese ore in China would be still great.

• [Editor:Sophie]