United Manganese of Kalahari (UMK) has hiked offers by $0.25/dmtu for South African lumps (Mn 36%) for May’24 shipments to $4.20/dmtu CIF China. Citing rising handling and production costs, the miner has raised offer prices. This move coincided with a recent uptick in inquiries from key producing nations for shipments scheduled next month, potentially indicating a shift in buyers’ sentiment.
