China imported manganese ore market recently continued high port stocks, WaiPan price and port spot price remained stable state. Due to a small amount of ore dealers to reduce prices shipped, and in January, China's new arrival manganese ore is not large, the recent China's port manganese ore inventory did not rise further, but still maintained at about 3 million 400 thousand tons high, the market is still inactive.
At present, Tianjin port Mn44% Australia iron ore prices remained at 53-54 yuan / ton, Mn45% iron ore Gabon double zero ore quotation at 51-52 yuan / ton; Lianyungang manganese ore Mn34%Fe10.05% offer in 43-44 yuan / ton; Qinzhou port Mn50%Fe<2% Indonesia ore price 56 yuan / ton degrees, Australia Mn38% high silicon manganese ore price 48-49 yuan / ton; Zhanjiang port Gabon Mn48% double zero iron manganese ore price 54-56 yuan / ton. Although there are still large numbers of consumers who want to buy more than 2 yuan / ton below the market price, most miners say they can't accept it.
Downstream market recently finally some good news, steel mills in February manganese purchasing price is expected to rise slightly, but talked about the afternoon, manganese ore dealers generally not strong confidence. Market participants reflect the overall strength of manganese alloy market still need time, and inventory of high manganese ore prices rebound more difficult to achieve. It is estimated that the slump of the manganese ore in the port before and after the Spring Festival is difficult to change significantly.