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World manganese ore supply reached about 1.74 million tonnes of manganese units in January, which it was an increase of 43% from year-ago volumes, according to the International Manganese Institute (IMnI).

?IMnI analysts said,"The increase reflects production cuts in the comparable period, while the 6% decline in output from December 2017 illustrates the strength of production in the month before. Output contracted by 11% from December last year, on lower output in South Africa and Gabon,"

On the supplu side, global demand rose 18.4% year on year to 1.69 million tonnes, and 2.4% from December. 

This left the global market in supply surplus by 51,000 tonnes for January 2018. 

Supply from Africa and the Middle East came in at 787,000 tonnes, up 14% year on year but down 11% compared with December.  Supply from the Asia and Oceania region rose 117% year on year to 767,000 tonnes, also an increase of 5% against December. 
Output for the region increased by 5% month on month on rising output in China. Stocks are still very low at China’s ports (around 1.66 million wet metric tonnes as of February 28), in spite of record high imports in January (2.28 million mt), 

?Spot price of Mn ore keep rising ,along with future price of shipment in coming 2 months. but customers of Chinese alloy producers are very nevours about price and over 90% firms do not dare buy any Mn ore at such high level.

• [Editor:admin]