[Ferro-Alloys.com]In recent period, Australian lump ore 46% maintained at RMB25-26/mtu, and RMB24,5-25.5/mtu for transaction. South African Mn38% Fe5% stood at RMB22-23/mtu with RMB21.5-22.5/mtu for transaction.
The desires of manganese ore traders in China become strong on holding ore spot firm. As transaction in better performance, the movements of ore traders also become activity. On the one hand, with ore spot consuming, a growing number of ore trader are reluctant to sell out products thanks to heft loss. On the other hand, high water season in south areas of China boost demand on ore amid manganese alloy factories to resume production.
In general, better performance of ore business would like to bring about steady future quotation of oversea miners. Nevertheless, whether or not manganese ore spot market can maintain good momentum still depend largely on relationship between demand and supply.
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- [Editor:Sophie]



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