Amendment to publication time of Fastmarkets’ China manganese alloy prices, port manganese ore index

After a consultation period, Fastmarkets has amended the publication time of its silico-manganese, ferro-manganese and manganese ore port prices in China, to 5-6pm Shanghai time from 2-3pm London time.

The change take places on Tuesday July 4, and follows a consultation that started on Tuesday May 30.

The specifications for the affected prices, with the updated publication time, are as follows:

MB-SIM-0001 – Silico-manganese 65% Mn min, max 17% Si, in-whs China, yuan/tonne
Quality: Lump. Mn 65-72%, Si 17%, C 1.8% max, P 0.25% max, S 0.04% max
Quantity: Min 100 tonnes
Location: ddp China
Unit: CNY/tonne, all Mn grades normalized to 65% basis on pro rata basis
Payment terms: Cash, other terms normalized
Publication: Weekly. Friday 5-6pm Shanghai time

MB-FEM-0007 – Ferro-manganese 65% Mn min, max 7% C, in-whs China, yuan/ tonne
Quality: Lump. Mn 65-72%, Si 4.5% max, C 7.0% max, P 0.4% max, S 0.03% max
Quantity: Min 100 tonnes
Location: In-whs China
Unit: CNY/tonne, all Mn grades normalized to 65% on pro rata basis
Payment terms: Cash, other payment terms normalized
Publication: Weekly, Friday 5-6pm Shanghai time

MB-MNO-0005 – Manganese ore port index, base 44% Mn, range 42-48%, fot Tianjin China, yuan/dmtu
Quality: 5.5-75mm lump. Mn base 44%, range 42-48%; Fe base 5%, max 16%; silica base 11%, max 12%; P base 0.10%, max 0.16%; alumina base 5%, max 14%. Moisture base 4%, max 12%
Quantity: Min 1,000 tonnes
Location: fot Tianjin – normalized for other China mainland sea ports
Timing: Immediate
Unit: CNY per dry metric tonne,
Payment: Cash or equivalent
Publication: Friday, 5-6pm Shanghai time

MB-MNO-0004 – Manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin China, yuan/dmtu
Quality: 5.5-75mm lump. Mn base 37%, range 35-39%; Fe base 5%, max 10%; Silica base 5.5%, max 12%; P base 0.025%, max 0.160%; alumina base 0.2%, max 2%. Moisture content base 4%, max 12%
Quantity: Min 1,000 tonnes
Location: fot Tianjin – normalized for other China mainland sea ports
Timing: Immediate
Unit: Yuan per dry metric tonne unit
Payment: Cash or equivalent
Publication: Friday, 5-6pm Shanghai time

To provide feedback on this amendment or if you would like to provide price information by becoming a data submitter to these assessments, please contact Tina Tong at pricing@fastmarkets.com. Please add the subject heading: “FAO: Tina Tong re: manganese alloys and manganese ore port prices in China.”

To see all of Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/methodology.

And for more information on the current manganese market, take a look at our dedicated page for manganese price insights.

What to read next
On September 25, the discontinuation was postponed from the originally scheduled final publication to take into account the needs of market participants that still had physical contracts linked to the lithium contract assessments in place. The affected prices are:• MB-LI-0031Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, contract price cif China, Japan & Korea• MB-LI-0027Lithium carbonate 99.5% Li2CO3 min, battery […]
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils, on Wednesday December 25.
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The first amendment decreases the differentials’ publishing frequency to once monthly from once weekly. Both differentials will be next assessed on January 3, 2025, and on the first Friday of each month thereafter. The monthly frequency matches Fastmarkets’ low-carbon aluminium differentials in other regions and better reflects current market liquidity. No feedback was received during […]
Fastmarkets determined today that it will launch two new boxboard packaging prices focused on the marketplace in Mexico.
Fastmarkets invited feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.