According to preliminary custom data, Brazil’s Manganese Ore export witnessed a substantial fall of 48% on M-o-M basis to 0.06 MnT in Apr’17 as compared to the previous month. In Mar’17 Brazilian Manganese Ore exports were recorded at 0.12 MnT.
Moreover on yearly basis, Brazil manganese Ore exports are down by 58% in Apr’17 against 0.13 MnT in Apr’16.
China: Sharp Fall in Brazilian Manganese Ore Imports in Apr’17
China being one of the largest importer of Brazilian manganese ore, witnessed a massive decrease of 70% M-o-M in its imports in Apr’17. Chinese buyers are currently sitting on huge stock which might have resulted in sharp fall in imports. China’s Manganese Ore imports from Brazil registered a substantial fall of 61% on Y-o-Y basis when compared with Apr’16.
However, in Apr’17 Argentina surpassed China foremost buyer and imported 0.04 MnT. Argentina imported 12% lower on M-o-M basis in Apr’17 against 0.05 MnT in Mar’17.
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