July 17 – North China ports: 46% Australian lumps 42.5-43 yuan/mtu, down WoW; South African semi-carbonate 35.7-36.2 yuan/mtu, down WoW; Gabonese 40-40.4 yuan/mtu, down WoW; South African high-iron 30-30.5 yuan/mtu, flat WoW; South African mid-iron 36-36.5 yuan/mtu, down WoW. South China ports: 46% Australian lumps 43.2-43.7 yuan/mtu, flat WoW; South African semi-carbonate 36.8-37.1 yuan/mtu, flat WoW; Gabonese 40.9-41.4 yuan/mtu, down WoW; South African high-iron 32.3-32.8 yuan/mtu, flat WoW; South African mid-iron 37.5-38 yuan/mtu, up WoW.
Jul 17, 2026 17:45As of this Friday, SiMn 6517 (cash) in north China was at 5,750-5,800 yuan/mt, up WoW; SiMn 6517 (cash) in south China was at 5,800-5,850 yuan/mt, up WoW from last Friday, while SiMn 6014 (cash) in south China was at 5,350-5,400 yuan/mt, down WoW. Recently, SiMn futures moved sideways in a weak trend. A strong wait-and-see sentiment prevailed, with spot prices edging up slightly, but futures could not drive spot prices significantly higher.
Jul 17, 2026 17:37[SMM EMM Weekly Review: Supply-Demand Easing Weighs on Market, EMM Grinds Lower This Week] The domestic EMM market consolidated on a subdued note this week. Spot prices pulled back slightly, while the tug-of-war between longs and shorts intensified, leaving the overall market in the doldrums. The cost side still received strong, rigid support, with prices of core raw materials such as manganese ore and sulphuric acid remaining firm......
Jul 16, 2026 15:26As of this Friday, SiMn 6517 in north China was at 5,700-5,750 yuan/mt in cash, up WoW; SiMn 6517 in south China was at 5,750-5,800 yuan/mt in cash, up from last Friday; and SiMn 6014 in south China was at 5,450-5,500 yuan/mt in cash, flat WoW. Recently, SiMn futures weakened and moved sideways. The market saw a strong wait-and-see sentiment, with spot prices edging up, but futures could hardly drive spot prices significantly higher.
Jul 10, 2026 17:59Jul 10 – North China ports: 46% Australian lumps at 43-43.5 yuan/mtu, prices down WoW; South African semi-carbonate at 36.5-37 yuan/mtu, prices down WoW; Gabonese at 40.3-40.7 yuan/mtu, prices down WoW; South African high-iron at 30-30.5 yuan/mtu, prices down WoW; South African medium-iron at 37-37.5 yuan/mtu, prices flat WoW. South China ports: 46% Australian lumps at 43.2-43.7 yuan/mtu, prices flat WoW; South African semi-carbonate at 36.8-37.1 yuan/mtu, prices up WoW; Gabonese at 41-41.5 yuan/mtu, prices flat WoW; South African high-iron at 32.3-32.8 yuan/mtu, prices down WoW; South African medium-iron at 37-37.5 yuan/mtu, prices flat WoW.
Jul 10, 2026 17:24[SMM EMM Weekly Review: Off-Season Demand Drags, EMM Remains in Subdued Range-Bound Move] This week, China’s EMM market consolidated on a subdued note overall. Spot prices pulled back slightly, while the tug-of-war between longs and shorts in futures was intense, resulting in a pattern of consolidation on a subdued note. The cost side still provided rigid support, with prices of core raw materials such as sulphuric acid and manganese ore staying firm...
Jul 9, 2026 16:44SMM will launch new pricing for manganese-rich slag from Shanxi (30%-35% Mn) and Hunan (30%-31% Mn) starting May 8, 2026, to improve market transparency and trading efficiency.
PriceApr 29, 2026 17:54Dear Industry Peers, Imported manganese ore is a key raw material for manufacturing products such as silicomanganese alloy and ferromanganese alloy, with high-quality manganese ore being particularly favored by the market. Australian manganese ore is a mainstream and high-frequency oxide ore globally, serving as an important reference standard for global manganese ore pricing, and its price fluctuations directly impact the cost chain of global manganese-based alloys. Tianjin Port and Qinzhou Port are the main unloading ports for imported manganese ore in China. Equipped with complete storage facilities, these two ports feature high single-vessel unloading efficiency and large manganese ore reserve capacity. The formed complementary pattern of "Tianjin in the north and Qinzhou in the south" has enhanced China's bargaining power in global manganese ore trade. Prices at Tianjin Port (north) and Qinzhou Port (south) serve as benchmarks for global manganese ore pricing, which are referenced by both domestic and foreign ore merchants. To actively respond to market changes, meet the urgent demand of users for understanding the prices of Australian Mn42% manganese ore at Tianjin Port and Qinzhou Port, and improve the transparency of market information, SMM has decided: Commencing December 31, 2025, SMM will officially launch two new price: SMM Mn Ore, Australia Block 42%, In-whs-Tianjin Port, Yuan/ton-degree SMM Mn Ore, Australia Block 42%, In-whs-Qinzhou Port, Yuan/ton-degree Details of this price point are as follows: Description: SMM Mn Ore, Australia Block 42%, In-whs-Tianjin Port, Yuan/ton-degree Quality: Mn 42% Quantity: Min 100 tonnes Definition: EX-warehouse-Tianjin Port Brand Listing: South 32,etc Timing: Prompt Unit: Yuan/ton-degree Payment Terms: Cash on same day, other payment terms normalized Pulication: Daily, by 11am Beijing Time (i.e., before 4:00 AM London Summer Time before 3:00 AM London Winter Time) Description: SMM Mn Ore, Australia Block 42%, In-whs-Qinzhou Port, Yuan/ton-degree Quality: Mn 42% Quantity: Min 100 tonnes Definition: EX-warehouse-Qinzhou Port Brand Listing: South 32,etc Timing: Prompt Unit: Yuan/ton-degree Payment Terms: Cash on same day, other payment terms normalized Pulication: Daily, by 11am Beijing Time (i.e., before 4:00 AM London Summer Time before 3:00 AM London Winter Time) SMM Nickel Industry Research Department December 26, 2025
PriceDec 26, 2025 11:19