China's manganese ore prices weaken, sentiment softens
Source: MysteelChina's manganese ore prices decreased slightly over September 17-23, as sentiment in the domestic market softened in the wake of weakening silicomanganese (SiMn) futures prices, Mysteel Global learned. On September 23, Mysteel assessed the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port at Yuan 34.2/dmtu ($4.8/dmtu) including the 13% VAT, down by a tiny Yuan 0.1/dmtu from one week before. High-priced manganese ore has struggled to find buyers recently amid the prevailing wait-and-see sentiment.
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