As reported by metalbulletin and fastmarkets, Seaborne manganese ore prices have reached a 10-week high.
Seaborne low and high grade manganese ore prices rising
Seaborne low and high grade manganese ore prices in China continued to find support from the ongoing strength of port side ore and alloy markets in the latest price period ending Tuesday, December 29, despite the absence of some participants due to the Christmas holiday.
Fastmarkets’ 37% Mn, cif Tianjin manganese ore index rose 18 cents (4.6%) week-on-week to $4.12 per dry metric ton unit (dmtu) on Tuesday from $3.94 per dmtu on December 18. The index has risen 35 cents (9.3%) since Dec. 4, when it was $3.77 per dmtu.
Source: metalbulletin.com
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