For the Quarter Ending June 2026
Manganese Sulphate Prices in APAC
- In China, the Manganese Sulphate Price Index rose 19.22% quarter-over-quarter, driven by sulphuric acid hikes.
- The average Manganese Sulphate price for the quarter was approximately USD 661.67/MT as reported locally.
- Manganese Sulphate Spot Price firmed as exporters kept tight offers amid constrained availability and inventory.
- Manganese Sulphate Price Forecast shows gains as feedstock pressures and export demand persist into Q3.
- Manganese Sulphate Production Cost Trend remained elevated due to sulphuric acid and manganese ore inflation.
- Manganese Sulphate Demand Outlook remains strong from lithium battery cathode procurement and improving export orders.
- Manganese Sulphate Price Index indicated market tightening as inventories stayed below historical averages, supporting leverage.
- Major integrated producers sustained near-normal operating rates, moderating price spikes despite plants undergoing environmental maintenance.
Why did the price of Manganese Sulphate change in June 2026 in APAC?
- Elevated sulphuric acid costs raised manufacturing breakevens, pressuring seller pricing and constraining supply response flexibility.
- Environmental inspections and limited spot availability reduced output from smaller plants, tightening exportable volumes significantly.
- Improved battery sector procurement and stronger overseas orders supported modest price increases despite balanced inventories.
India
- In India, Manganese Sulphate Price Index rose by 17.17% quarter-over-quarter, driven by sulphuric acid, tight supply.
- Manganese Sulphate Spot Price firmed as import arrivals remained limited and inland freight also increased.
Manganese Sulphate Prices in Europe
- In Russia, the Manganese Sulphate Price Index rose by 19.35% quarter-over-quarter, driven by tighter Chinese exports.
- The average Manganese Sulphate price for the quarter was approximately USD 898.33/MT. reflecting imported cost pressures.
- Manganese Sulphate Spot Price firmed on low Saint Petersburg inventories and higher Chinese and South African export quotations.
- Manganese Sulphate Price Forecast indicates modest near-term upside supported by continued procurement from battery projects.
- Manganese Sulphate Production Cost Trend elevated due to higher sulphuric acid and freight costs increasing overseas manufacturing expenses.
- Manganese Sulphate Demand Outlook remains strong as LFP battery projects and seasonal fertilizer buying support consumption.
- Manganese Sulphate Price Index volatility increased with currency swings; weaker Ruble amplified landed import costs significantly.
- Low inventories at Saint Petersburg and South African rail disruptions heightened urgency, tightening availability and supporting supplier pricing.
Why did the price of Manganese Sulphate change in June 2026 in Europe?
- Chinese export price increases and South African ore tightness raised import offers, while Ruble weakness increased landed costs.
- Higher freight rates, longer transit times, and logistics disruptions reduced prompt cargo availability and increased landed costs.
- Strong LFP battery procurement and seasonal fertilizer buying tightened inventories, prompting restocking and supporting higher spot prices.
Manganese Sulphate Prices in North America
- In the United States, the Manganese Sulphate Price Index increased quarter-over-quarter, supported by higher raw material costs, healthy battery-sector demand, and steady industrial consumption.
- The Manganese Sulphate Spot Price remained firm as consistent procurement from lithium-ion battery manufacturers and specialty chemical producers balanced adequate market supply.
- The Manganese Sulphate Price Forecast indicates prices are expected to remain stable to moderately firm, depending on manganese ore costs, import availability, and electric vehicle (EV) battery demand.
- The Manganese Sulphate Production Cost Trend remained elevated due to higher manganese ore procurement costs, transportation expenses, and energy prices, increasing overall manufacturing costs.
- The Manganese Sulphate Demand Outlook remained positive, supported by robust consumption from electric vehicle battery materials, fertilizers, animal feed additives, and industrial chemical applications.
Why did the price of Manganese Sulphate change in June 2026 in the US?
- The Manganese Sulphate Price Index increased in June 2026 due to higher manganese ore and logistics costs, which raised overall production expenses.
- Steady demand from the electric vehicle battery supply chain and specialty chemical manufacturers supported consistent procurement and firm supplier pricing.
- Balanced inventories and stable domestic production prevented supply disruptions, allowing producers to maintain elevated offers despite adequate market availability.
For the Quarter Ending March 2026
Manganese Sulphate Prices in APAC
- In China, the Manganese Sulphate Price Index rose by 15.22% quarter-over-quarter, driven by sulphuric acid cost increases.
- The average Manganese Sulphate price for the quarter was approximately USD 555.00/MT, FOB Shanghai basis.
- Manganese Sulphate Spot Price tightened as producers prioritized contracts, reducing available spot cargo and liquidity.
- Manganese Sulphate Price Forecast shows near-term upward pressure supported by cost-push fundamentals and restocking demand.
- Manganese Sulphate Production Cost Trend remains elevated due to higher sulphuric acid and freight expenses.
- Manganese Sulphate Demand Outlook is strong from battery precursors and fertilizer sectors sustaining firm offtake.
- Manganese Sulphate Price Index strength reflected low inland inventories and steady export enquiries supporting offers.
- Major integrated producers ran operating rates to capture premiums, while smaller units faced inspection curtailments.
Why did the price of Manganese Sulphate change in March 2026 in APAC?
- Elevated sulphuric acid and freight costs increased production expenses, passing through into higher producer offers.
- Tight spot availability from pre-holiday restocking and environmental inspections reduced market volumes, supporting Price Index.
- Geopolitical tensions raised insurance and rerouting costs for acid shipments, tightening feedstock supplies overall.
Manganese Sulphate Prices in Europe
- In Russia, the Manganese Sulphate Price Index rose by 11.6% quarter-over-quarter, supported by firmer imports.
- The average Manganese Sulphate price for the quarter was approximately USD 752.67/MT, per settlement calculations
- Manganese Sulphate Spot Price remained supported by constrained prompt cargoes and steady Chinese export offers
- Manganese Sulphate Price Forecast indicates near-term upside driven by elevated freight and ore cost pressures
- Manganese Sulphate Production Cost Trend shows upward pressure from higher sulphuric acid and energy expenses
- Manganese Sulphate Demand Outlook remains balanced as fertilizer restocking offsets cautious early battery-sector procurement activity
- Inventory levels and steady imports moderated the Manganese Sulphate Price Index despite logistical cost increases
- Merchandise availability improved modestly in February but March tightness sustained seller confidence in firming offers
Why did the price of Manganese Sulphate change in March 2026 in Europe?
- Rising imported ore and sulphuric acid costs elevated landed costs, pushing domestic price index higher
- Elevated freight and insurance from geopolitical disruptions increased logistics expenses, tightening prompt availability and supplies
- Steady downstream demand from fertilizer and emerging battery sectors absorbed volumes, preventing sharp price corrections
Manganese Sulphate Prices in North America
- In the United States, the Manganese Sulphate Price Index showed a moderate increase quarter-over-quarter, supported by rising demand from battery materials and stable industrial consumption.
- Manganese Sulphate Spot Price remained firm as steady EV battery demand and limited domestic production kept supply tight.
- Manganese Sulphate Price Forecast indicates a stable-to-firm outlook, supported by continued lithium-ion battery growth and agricultural demand.
- The Manganese Sulphate Production Cost Trend remained elevated due to higher manganese ore prices, sulphuric acid costs, and logistics expenses.
- Manganese Sulphate Demand Outlook remained strong, driven by EV batteries, fertilizers, and animal feed sectors.
- The Manganese Sulphate Price Index strengthened in March as tightening inventories and rising feedstock costs supported higher offers.
- Import dependence (over 70% of supply) continued to limit supply flexibility and amplify price sensitivity.
Why did the price of Manganese Sulphate change in March 2026 in North America?
- Strong demand from EV battery production increased consumption.
- Elevated raw material costs (manganese ore and sulphuric acid) raised production expenses.
- Tight supply due to import reliance and logistics constraints supported price increases.
For the Quarter Ending December 2025
North America
- The North American Manganese Sulphate Price Index showed a firm to mildly bullish trend during Q4 2025, supported by steady demand from battery materials, fertilizers, and animal nutrition sectors.
- The Production Cost Trend remained elevated throughout the quarter, influenced by higher manganese ore prices, increased processing costs, and sustained freight expenses across the region.
- The Demand Outlook stayed positive, driven by consistent consumption from lithium-ion battery precursor manufacturing and stable demand from agricultural micronutrient applications.
Why did the price of Manganese Sulphate change in December 2025 in North America?
- The Manganese Sulphate Price Index increased in December 2025 due to restocking activity by battery material producers, continued high raw material costs, and limited spot availability caused by logistical constraints.
- The Price Forecast for early 2026 indicates a stable to slightly firm market, as demand from energy storage and electric vehicle supply chains continues to support pricing.
APAC
- In China, the Manganese Sulphate Price Index rose by 6.25% quarter-over-quarter, driven by higher costs.
- The average Manganese Sulphate price for the quarter was approximately USD 481.67/MT, per market sources.
- Manganese Sulphate Spot Price remained thin as contract sales absorbed volumes, constraining open market liquidity.
- Manganese Sulphate Production Cost Trend rose on firmer sulphuric acid and ore, supporting seller offers.
- Manganese Sulphate Demand Outlook appears cautious before holidays, limiting upside reflected in near-term Price Forecast.
- Port congestion and export complexities raised logistical friction, while inventories remained adequate but increasingly earmarked.
- Major producers prioritized contractual deliveries, limited spot selling, and defended pricing to preserve margins firmly.
- Near-term Manganese Sulphate Price Forecast anticipates modest volatility, with recovery potential as restocking resumes soon.
Why did the price of Manganese Sulphate change in December 2025 in APAC?
- Higher feedstock costs, notably sulphuric acid and manganese ore, increased conversion expenses, supporting seller pricing.
- Long-term contract execution absorbed available volumes, constraining spot supply and reducing buyer negotiating leverage materially.
- Logistics, including port congestion and export constraints, and cautious downstream procurement limited December spot demand.
Europe
- In Russia, the Manganese Sulphate Price Index rose by 2.38% quarter-over-quarter, driven by tighter imports.
- The average Manganese Sulphate price for the quarter was approximately USD 674.33/MT, including logistics adjustments.
- Manganese Sulphate Spot Price firmed in December; Chinese export availability tightened and buyers accelerated purchases.
- Manganese Sulphate Price Forecast suggests correction into Q1 2026 as imports normalize and inventories rebuild.
- Manganese Sulphate Production Cost Trend rose on ore premiums and weaker ruble, increasing landed costs.
- Manganese Sulphate Demand Outlook improved due to battery-sector ramp-ups and fertilizer restocking ahead of spring.
- Manganese Sulphate Price Index volatility reflected thin Saint Petersburg stocks and import timing disruptions recently.
- Major domestic plants operated reduced workloads while export demand supported higher offers, limiting spot availability.
Why did the price of Manganese Sulphate change in December 2025 in Europe?
- Tight Chinese export availability reduced shipments, creating immediate supply shortfalls and upward pressure on imports.
- Rising ore premiums combined with weaker ruble elevated landed costs, contributing to higher imported offers.
- Buyers front-loaded purchases ahead of maintenance and banking restrictions, accelerating demand and tightening port inventories.
For the Quarter Ending September 2025
North America
- In United States, the Manganese Sulfate Price Index rose quarter-over-quarter in Q3 2025, influenced by strengthening production cost drivers.
- Production costs increased, with CPI rising 3.0 percent in September 2025 and PPI up 2.6 percent in August 2025.
- Natural gas feedstock costs strengthened year-over-year in Q3 2025, alongside increased industrial electricity costs in August 2025.
- Manganese Sulfate demand faced headwinds as industrial production grew only 0.1 percent year-over-year in September 2025.
- Consumer confidence declined to 94.2 in September 2025, indicating potential bearish pressure on end-use markets.
- Retail sales increased 5.42 percent year-over-year in September 2025, offering some indirect demand support.
- Farm profitability weakened in 2025, negatively impacting Manganese Sulfate demand in the agricultural sector.
- The Manganese Sulfate price trend reflected rising input costs amidst mixed demand signals during Q3 2025.
Why did the price of Manganese Sulfate change in September 2025 in North America?
- Production costs rose due to natural gas strengthening and industrial electricity increases in Q3 2025.
- Weak industrial production (0.1% in September 2025) and declining consumer confidence tempered demand.
- Rising CPI (3.0% in September 2025) and PPI (2.6% in August 2025) contributed to overall cost pressures.
APAC
- In China, Manganese Sulfate Price Index remained stable in Q3 2025, supported by robust industrial output.
- Demand was bolstered by 6.5% industrial production growth year-over-year in September 2025.
- Production costs faced upward pressure from increased sulfuric acid export prices in Q3 2025.
- Manganese ore spot prices fluctuated downward in Q3 2025, influencing Manganese Sulfate production costs.
- China's power battery output surged in Q3 2025, driving Manganese Sulfate demand for EVs.
- The Manufacturing Index contracted in September 2025, indicating reduced industrial activity and raw material demand.
- Consumer confidence at 89.6 in September 2025 suggested pessimism, impacting end-use applications.
- Sulfuric acid inventories tightened by late Q3 2025, contributing to upward feedstock cost pressure.
- The Manganese Sulfate Price Forecast suggests stability, balancing strong industrial demand against broader macroeconomic deflationary pressures.
Why did the price of Manganese Sulfate change in September 2025 in APAC?
- Robust industrial production, up 6.5% year-over-year in September 2025, supported demand.
- Downward fluctuating manganese ore spot prices in Q3 2025 eased some production cost pressures.
- Tightening sulfuric acid inventories and rising export prices in Q3 2025 increased feedstock costs.
Europe
- In Germany, Manganese Sulfate Price Index fell Q3 2025, driven by weak demand and lower production costs.
- Manganese Sulfate production costs decreased in September 2025, influenced by a -1.7% Producer Price Index year-over-year.
- Demand faced headwinds as Germany's industrial production declined 1.0% year-over-year in September 2025.
- The Manufacturing Index contracted in Q3 2025, indicating reduced industrial activity and lower Manganese Sulfate demand.
- European sulfuric acid prices declined moderately in September 2025 due to oversupply, impacting feedstock costs.
- General inflation, indicated by 2.4% CPI in September 2025, exerted upward pressure on operational costs.
- Retail sales increased 0.2% year-over-year in September 2025, offering slight support for consumer-driven applications.
- Stable unemployment at 6.3% in September 2025 provided a neutral signal for consumer spending and related demand.
- Export weakness persisted for the German chemical industry in Q3 2025, limiting trade opportunities.
Why did the price of Manganese Sulfate change in September 2025 in Europe?
- Germany's industrial production declined 1.0% in September 2025, weakening Manganese Sulfate demand.
- European sulfuric acid prices declined in September 2025 due to oversupply, reducing production costs.
- The Producer Price Index (PPI) decreased 1.7% in September 2025, lowering overall manufacturing expenses.
