For the Quarter Ending June 2026
Manganese Ore Prices in APAC
- In China, the Manganese Ore Price Index rose by 12.28% quarter-over-quarter, due to tighter imports.
- The average Manganese Ore price for the quarter was approximately USD 210.33/MT, based on Tianjin.
- Manganese Ore Spot Price firmed early quarter, then softened in June as port inventories rose.
- Manganese Ore Price Forecast points to limited upside amid balanced supply and restrained downstream purchasing.
- Manganese Ore Production Cost Trend remained muted as stable freight and hydropower lowered refining expenses.
- Manganese Ore Demand Outlook is neutral with steady alloy production offset by weaker construction purchases.
- Manganese Ore Price Index reflected early quarter tightness from delayed shipments, easing as inventories increased.
- Port inventory builds in June pressured offers, while logistical risk could quickly tighten imported supply.
Why did the price of Manganese Ore change in June 2026 in APAC?
- Rising Chinese port inventories increased immediate supply availability, reducing seller pricing power and pressuring quotations.
- Weaker steel sector demand curtailed alloy procurement, lowering offtake and softening spot market activity overall.
- Improved ore arrivals and stable freight reduced production cost pressures, allowing suppliers to lower offers.
India
- In India, the Manganese Ore Price Index rose by 14.47% quarter-over-quarter, driven by MOIL hikes.
- Manganese Ore Spot Price firmed in quarter then softened after MOIL cuts and import easing.
Manganese Ore Prices in Europe
- In Europe, the Manganese Ore Price Index increased quarter-over-quarter, supported by higher import costs, firm alloy sector demand, and tightening global ore availability.
- The Manganese Ore Spot Price remained firm as steady procurement from ferroalloy producers and steel manufacturers offset comfortable port inventories.
- The Manganese Ore Price Forecast suggests prices may remain stable to moderately firm, depending on South African export volumes, freight costs, and steel production activity.
- The Manganese Ore Production Cost Trend remained elevated due to higher mining expenses, fuel prices, ocean freight, and inland transportation costs.
- The Manganese Ore Demand Outlook remained positive, supported by consistent consumption from ferroalloy production, stainless steel manufacturing, and specialty alloy industries.
Why did the price of Manganese Ore change in June 2026 in Europe?
- The Manganese Ore Price Index increased in June 2026 due to higher freight costs and firm import prices from major exporting countries, including South Africa and Australia.
- Healthy demand from European ferroalloy producers and steel manufacturers supported steady procurement throughout the month.
- Elevated mining and logistics costs increased supplier offers, while balanced inventories prevented any significant downward pressure on prices.
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Manganese Ore Prices in North America
- In the United States, the Manganese Ore Price Index increased quarter-over-quarter, driven by higher import costs and healthy demand from the domestic steel and alloy industries.
- The Manganese Ore Spot Price remained firm as consistent procurement from ferroalloy producers and specialty steel manufacturers balanced adequate market supply.
- The Manganese Ore Price Forecast indicates prices are likely to remain stable to moderately firm, depending on global mining output, freight rates, and domestic steel production.
- The Manganese Ore Production Cost Trend remained elevated due to higher mining costs, ocean freight, fuel prices, and inland logistics expenses.
- The Manganese Ore Demand Outlook remained favorable, supported by steady consumption from carbon steel, stainless steel, and battery material industries.
Why did the price of Manganese Ore change in June 2026 in the US?
- The Manganese Ore Price Index increased in June 2026 due to higher import costs, rising freight charges, and elevated mining expenses.
- Stable demand from the steel, ferroalloy, and battery material sectors supported regular procurement and strengthened supplier pricing.
- Balanced inventories and consistent import shipments prevented supply disruptions while allowing prices to remain firm.
For the Quarter Ending March 2026
Manganese Ore Prices in APAC
- In China, the Manganese Ore Price Index rose by 22.98% quarter-over-quarter, driven by tighter seaborne supply and higher ore offers.
- The average price for the quarter was approximately USD 187.33/MT, reported by China port assessments and market sources.
- The Spot Price strengthened as delayed South African shipments and low port inventories increased purchase urgency.
- The Manganese Ore Price Forecast remains bullish given constrained seaborne arrivals, energy quotas, and steady downstream alloy demand.
- The Manganese Ore Production Cost Trend rose as higher freight, ore offers, and off-peak power tariffs pressured margins.
- The Manganese Ore Demand Outlook remained supportive from alloy and battery sectors, with restocking offsetting weaker construction activity.
- The Manganese Ore Price Index was buoyed by limited merchant availability and rail maintenance delaying Africa-origin cargo arrivals.
- Port inventories tightened, prompting steady procurement; alloy margin preservation allowed smelters to absorb higher raw material costs.
Why did the price of Manganese Ore change in March 2026 in APAC?
- Delayed South African shipments and lower port stocks tightened seaborne supply, pushing replacement costs higher.
- Higher ore offers, increased war-risk insurance, and raised off-peak power tariffs elevated production and landed costs.
- Sustained alloy demand and post-holiday restocking supported buying, while cautious procurement moderated aggressive spot selling.
Manganese Ore Prices in North America
- In the United States, the Manganese Ore Price Index showed a moderate increase quarter-over-quarter, supported by firm steel sector demand and constrained import supply.
- The average price level remained elevated, reflecting steady procurement by ferroalloy and steel producers.
- The Spot Price remained firm as import dependency and limited domestic mining kept supply tight.
- The Manganese Ore Price Forecast indicates a firm outlook, supported by infrastructure demand and stable steel production.
- The Manganese Ore Production Cost Trend increased slightly due to higher mining, freight, and energy costs.
- The Manganese Ore Demand Outlook remained strong, driven by steel manufacturing and alloy production.
- The Manganese Ore Price Index strengthened in March as tighter global supply and steady demand supported pricing.
- Inventory levels remained controlled due to consistent consumption and limited stockpiling.
Why did the price of Manganese Ore change in March 2026 in North America?
- Strong demand from steel and ferroalloy sectors increased procurement.
- Import supply constraints tightened availability.
- Rising freight and mining costs supported higher pricing.
Manganese Ore Prices in Europe
- In Europe, the Manganese Ore Price Index showed a firm increase quarter-over-quarter, reflecting supply constraints and steady industrial demand.
- The average price level remained strong, supported by consistent steel production activity.
- The Spot Price remained firm due to limited import availability and higher freight costs.
- The Manganese Ore Price Forecast suggests continued firmness driven by steel demand and supply-side tightness.
- The Manganese Ore Production Cost Trend increased due to higher logistics, mining, and energy costs.
- The Manganese Ore Demand Outlook remained stable, supported by infrastructure and manufacturing sectors.
- The Manganese Ore Price Index strengthened in March as supply disruptions and higher costs pushed prices upward.
- Supply remained constrained due to global logistics challenges and reduced export availability.
Why did the price of Manganese Ore change in March 2026 in Europe?
- Supply disruptions and higher freight costs reduced availability.
- Stable demand from steel production supported consumption.
- Increased mining and energy costs pushed prices higher.
