India: Imported Mn Ore Prices Stabilizes On Low Demand

Manganese ore prices skyrocketed amid anticipation of supply shortfall due to lockdown in South Africa. However, the sharp increase has come to a halt in line with scarce enquiries and limited transactions.
The price assessments for the second week of May are as follows: CNF India (Lumps, 37%, South African origin): USD 6.75/dmtu CNF India(Lumps, 44%, Gabonese Origin): USD 6.40/dmtu CNF India(Lumps, 46%, Australian Origin): USD 6.85/dmtu China: Tianjin Port's inflow of Manganese ore was less than 200,000 MT this week, while its outflow exceeded 400,000 MT


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