Due to lower import price from Chinese buyers, many Brazil suppliers have not sold manganese ore this month.

A trader in Brazil, whose trade volume is 25,000 tons of manganese ore 44-46% per month, offering USD4.2/dmtu FOB Brazil now.

The source lamented of the sluggish market. Until now, they have not negotiated successfully with the Chinese buyers in price. They can not sell their manganese ore at the price lower than USD4/dmtu, if that, they will lose money.

Another trader in Brazil, who usually trade 15000 tons of manganese ore 44%, offering USD4/dmtu FOB Brazil now., but having not concluded any deal this month.

The source informed that they can not accept the price from the Chinese buyers. As the price has bottomed out, they believe that they can make the deal after some months.