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The rationale for MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth erroneously said that “The average freight rate this week was $32.10 per tonne, which translated into $0.89 per dmtu. This was subtracted from the cif price of $4.75 per dmtu.” This has been corrected to “The average freight rate this week was $32.10 per tonne, which translated into $0.88 per dmtu. This was subtracted from the cif price of $4.74 per dmtu.”
The final line of the rationale was also corrected from “The fob index fell during the week due to a lower average freight rate, while cif prices were stable.” to “The fob index rose during the week due to lower average freight rate, which offset a slight decrease in cif prices.”
The published price is unaffected by this change.
This price is part of the Fastmarkets ores and alloys package.
For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact us by email at pricing@fastmarkets.com and ores_alloys@fastmarkets.com. Please add the subject heading “re: manganese ore indices.”
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