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China's manganese ore prices to keep stable before CNY

ABSTRACT

Chinese manganese ore prices are expected to stay stable ahead of the Chinese New Year holiday over January 31-February 6, as the domestic market will quieten gradually as the long holiday looms closer, Mysteel Global learned.
As of January 18, the price of South Africa-origin 36.5% grade Mn ore at North China's Tianjin port was assessed by Mysteel at Yuan 33.7/dmtu ($5.3/dmtu) including the 13% VAT, unchanged from January 11.   "Major manganese alloy smelters have completed their replenishment, and manganese ore traders are also in no hurry to boost sales

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