Tshipi idea offer for MN Ore in Sept

  • Tuesday, July 18, 2017
  • Source:ferro-alloys.com

  • Keywords:Manganese ore, Tshipi
[Fellow]On July 17, Mr .John Kriek, who arrived to Beijing and met Ferro-alloys.com and offered Tshipi idea price for Sept....

Mr.John Kriek, who is the Manganese marketer for Jupter MInes of Tshipi Ltd, offered target price of Managnese ore 35.5% min, carbonate fines(0-8mm) for shipment in September at usd4.40-4.5usd/dmtu cif Chinese port, sfor quantity 70000mt in September.

and for lumpy price is usd5.05/dmtu cif Chinese port.

According to Chinese market of Manganese alloys and Ore crrently and coming quater, manganese market is very sluggish and tough, and consumers of Manganese ore are very careful and nevious about price trend, and none can accept this level at moment according to

our sources. Based on current market price , and take view of September and October trend, Price of this Tshipi grade ,over 4.0usd.dmtu cif Chinese basis is very  risky and no profit margin for producers, either traders.

 

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