[Ferro-Alloys.com]Australian Mn46 lumps are currently focused on RMB33-34/mtu andRMB33-33.5/mtu for Mn48 sand ore. South African Mn38 lumps are pricing at RMB28.5-29.5/mtu while RMB32-33/mtu for Mn32%Fe20%. Gabonese Mn 45-46 lumps are now lingered about RMB31.5-32.5/mtu while RMB30-31/mtu for Brazilian Mn 44-45 lumps. Since operation rates of alloys in south areas kept falling, contracted demand brought about immense impact on manganese ore sale market.

In terms of future shipment of oversea miners, BHP Group put Mn45.5% Fe<5% lump ore peg at USD4.53/mtu and USD4.40/mtu for Mn49% Fe<5% sand ore (CIF, China) . UMK also unveiled new round manganese ore shipment to China. Mn37.5 was still fixed at USD3.75/mtu (CIF, China) which was basically in line with the level of prior month. Eramet Comilog knocked down January manganese ore shipment to China for 2015. Mn43% Fe<5% was edged down to USD3.9/mtu from USD4.15/mtu for December 2014, Mn44-45% Fe<5% was dropped to USD4.2/mtu from USD4.35/mtu (CIF, China).Meanwhile, it is said that CML put new round manganese ore shipment to China with USD4.60/mtu for Mn46% Fe6% SI14% P0.05%.

In short, slowing demand of alloys would make manganese ore spot keep downtrend in the near future.

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• [Editor:Sophie]