Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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February 2017 | Ferro-alloys


The rate of decline in manganese ore prices has been extreme over the past month: Latest Analysis


Ferro-chrome prices have continued to retreat this month and there are the first indications that chrome ore prices may now be heading lower as well.

The rate of decline in manganese ore prices has been extreme over the past month, but largely in line with MBR’s forecasts. We were forecasting Metal Bulletin’s 44% manganese ore cif Tianjin index to average $5.50/dmtu in February, and for the month-to-date, the index is averaging $5.15/dmtu. In the past week, the index has plunged to $4.72/dmtu from $6.92/dmtu...

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