South 32 hikes manganese ore prices from its Australian and South African mines for Oct’20 shipments

South32 has hiked its offer for Oct shipments owing to supply concerns. The Australian lumps (Mn 45%) is being offered at $4.55/dmtu CIF China, up by $0.35/dmtu m-o-m; and the South African semi-carbonate Mn ore at $4.35/dmtu, up by $0.55/dmtu m-o-m. The Silico manganese prices have also increased in China and the market sentiment is bullish.