[Ferro-Alloys.com]In fact, Chinese imported Mn Ore Spot Market began to show steady since May, and some kinds of ores even edge up slightly. Furthermore, unchanged future quotation from oversea miners also brought about some cushion on spot in China. However, increasing output for global miners exerted subtle affect on ore spot market in China. Since excess ore supply would be hard to alleviated in short term, it is estimated that strong performance for manganese ore may also need some time.

Australian Mn46 lumps maintained at RMB25-26/mtu at ports in China. As for Mn48 sand ore, the price remained at RMB23.5-24.5/mtu in China. South African Mn38 lumps kept unchanged at RMB22-23/mtu while RMB26.5-27.5/mtu for Mn32%Fe20%. Meanwhile, Gabonese Mn 44lumps fixed at RMB23-24/mtu at ports. Brazilian Mn 44% lumps put steady at RMB 22-23/ mtu in China. Malaysian lump ore Mn>32% dipped to RMB21-22/mtu.

• [Editor:Sophie]