China’s manganese ore market remains under weak pressure
Time:Fri, 07 Aug 2026 08:35:52 +0800
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China’s manganese ore market remains under weak pressure. Individual grades manganese ores still show signs of price declines, while overall market volatility has narrowed slightly. The spot market stays sluggish with strong wait‑and‑see sentiment among participants.
Some traders hold back shipments, yet others sell cargoes at lower prices. Downstream smelters maintain a cautious stance on raw‑material procurement, and weak demand amid the off‑season is unlikely to improve in the short term.
Current spot prices:
‑ 45% Australian manganese ore lumps: RMB 40‑41 /dmtu (flat) in northern China; RMB 41‑42 /dmtu (flat) in southern China
‑ 42% Australian manganese ore lumps: RMB 37.5‑38.5 /dmtu (flat) in northern China; RMB 40‑41 /dmtu (flat) in southern China
‑ 45% Gabonese manganese ore lumps: RMB 37.5‑38.5 /dmtu (down 0.25) in northern China; RMB 41‑41.5 /dmtu (flat) in southern China
‑ 37% South African semi‑carbonate manganese ore: RMB 32.5‑33.5 /dmtu (flat) in northern China; RMB 35.5‑36.5 /dmtu (flat) in southern China
