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Loftier freight rates, stronger rand buoy manganese ore prices

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Published: Tuesday, 23 February 2021

Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger rand pushing up production costs.

By Janie Davies and Siyi Liu

Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger South African rand pushing up production costs, while stronger manganese alloy futures supported downstream sentiment.

Fastmarkets’ manganese ore index 37% Mn, cif Tianjin rose by $0.03 week...

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