30.08.2016 - Manganese ore CIF China price halts uptrend after silicomanganese slides
CIF China manganese ore prices for the first time in weeks halted an uptrend, after the rally in domestic silicomanganese ended and prices took a downturn. The S&P Global Platts weekly assessment for 44% ores was stable week on week last Friday, at $4.4/dmtu CIF Tianjin, while 37% manganese ores was also unchanged over the same period at $3.7/dmtu CIF Tianjin. Trading activity was thin last week, according to market participants. "It's quiet, most people are sold out for the month of September by now, and it's too early for October prices," a producer said, adding that offers for October would likely be announced in the first week of September...............................................Full Article: Source
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