China’s manganese ore prices to hover ahead of CNY
Manganese ore prices across China are likely to hover at current levels this week and next, ahead of the Chinese New Year holiday over February 11-17, as trading activity in the physical market will taper off and the domestic market will quieten considerably.
As of January 27, theprice of South Africa-origin 36.5% gradeMn ore at North China’s Tianjin portwas at Yuan 33.98/dmtu ($5.2/dmtu) including the 13% VAT, up by a mere Yuan 0.02/dmtu from one week before, according to .