[Ferro-Alloys.com]In recent period, there was no good news on imported manganese ore spot market in China in the wake of downtrend future shipment from oversea miners.

Australian Mn46 lumps were focused on RMB33-34/mtu at northern ports and RMB32-33/mtu at southern ports. As for Mn48 sand ore, it was quoted at RMB33.-33.5/mtu in north and RMB31.5-32.5/mt in south. South African Mn38 lumps were priced at RMB28.5-29.5/mtu while RMB32-33/mtu for Mn32%Fe20%. Meanwhile, Gabonese Mn 45-46 lumps are now lingered about RMB31-32/mtu at northern ports and RMB30.5-31.5/mtu at southern ports. Brazilian Mn 44-45% lumps are fixing at RMB 29.5-30.5/mtu in north while RMB29-30/mtu in south.

It is reported that China totally imported 1.3393 million tons of manganese ore in December according to latest data provided by Chinese Customs Statistics, showing an increasing of 18.4% on the basis of November, but representing a sharp down from the same period of last year 1.73 million tons. For the whole year of 2014, China totally imported 16.23 million tons of manganese ore, showing a slightly down on the basis of 2013. Despite small contracting imports for manganese ore in 2014, both South Africa and Australia expanded ore supply to China.

Overall, in the wake of global ore giant cutting manganese ore future shipment to China, Chinese ore traders seem to fail to get out of mire, especially for those with mass stocking purchased by high price in prior period. It is estimated that imported manganese ore spot would be likely to maintain flat in the near future.

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• [Editor:Sophie]