At present, the imported manganese ore market remains weak, with few-volume transactions. Some traders are not optimistic about the future market, and lower the price. However, many tradrs who still hold the stocks seems very quite, thinking that the price decline is common phenomenon as it has increase so greatly before.

A trader in Zhanjiang Port offer RMB57-58 yuan/dmtu for Indonesia manganese ore 50-52%. Anyhow, they always control the price in the range of RMB57-60 yuan/dmtu, have not adjusted the price following the market trend.

The source revealed that it is very seasonable to conclude at the price of RMB55 yuan/dmtu, which is also accepted by the manufacturers.

Another trader in Tianjin Port has decreased the price of South Africa manganese ore 30%(Fe 20%) from RMB45 yuan/dmtu to RMB41-42 yuan/dmtu. Although they have not concluded so much, he thinks that the price decline accord with the market discipline.

In general, the current manganese ore market remains quite. Although there are not too large volume transactions, the price has not decreased greatly. Market participants analysed that the manganese ore price has gone up so greatly before, which is no doubt to lack the sense. The current less supply, foreign offers and freight fee increase have supported the manganese ore market.