Launch of Chinese domestic battery-grade manganese sulfate price assessment

Fastmarkets will launch a manganese sulfate 32% Mn min, battery grade, ex-works mainland China price assessment on Thursday September 1.

The launch of this price assessment follows a consultation period that ended on Friday August 26.

The price specification will be as follows:

MB-MN-0008 Manganese sulfate 32% Mn min, battery grade, ex-works mainland China, yuan/tonne
Quality: Powder, accepted by buyer for use in battery applications and with the chemical composition Mn 32% min, Fe 0.001% max, Zn 0.001% max, Cu 0.001% max, Pb 0.001% max, Cd 0.0005% max, K 0.01% max, Na 0.01% max, Ca 0.01% max, Mg 0.01% max, Ni 0.005% max, Co 0.005% max, insoluble residue 0.01% max, PH 4.0-6.5
Quantity: Min 32 tonnes
Location: Ex-works mainland China-excludes Taiwan Region, Hong Kong SAR and Macao SAR
Unit: yuan/tonne
Payment terms: Cash, other terms normalized
Publication: Weekly, Thursday 2-3pm London time

Battery-grade manganese sulfate is the manganese chemical used in lithium-ion batteries, particularly those using nickel-manganese-cobalt (NMC) cathode. The NMC cathode is a significant cathode in the electric-vehicle (EV) market.

China accounts for around 90% of global supply of battery-grade manganese sulfate. Market sources expect an increased demand for this battery raw material in the foreseeable future, considering the expanding downstream cathode materials market in the country amid an evolving EV industry.

Therefore, covering battery-grade manganese sulfate would provide insight into this market.

The price assessment would also be highly complementary to Fastmarkets’ existing coverage of new energy raw materials, such as nickel, lithium and cobalt.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to the manganese sulfate price, please contact Ruby Liu by email at Please add the subject heading “FAO: Ruby Liu re: China battery-grade manganese sulfate price assessments.”

To see all of Fastmarkets’ pricing methodology and specification documents, go to

What to read next
Fastmarkets has clarified the specifications of its copper grade A cathode and non exchange-deliverable equivalent-grade (EQ) copper cathode premiums, to avoid any confusion regarding the deliverable status of its copper cathode assessments.
Fastmarkets is inviting feedback from the industry on the pricing methodology for its MB-IRO-0004 pig iron import, cfr Gulf of Mexico, US assessment as part of its annual methodology review process.
In the open consultation, Fastmarkets FOEX did not propose any changes and the feedback received was fully supportive to our current methodology. No material changes were made to the current methodology. A newly dated methodology document will be posted soon. For all Fastmarkets FOEX pricing notices and to view our methodology guides please see here.
This consultation, until which is open until June 24, 2023, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications, and publication frequency. You […]
Fastmarkets is clarifying recent changes to its germanium dioxide price assessments and the reintroduction of the assessment of the price for MB-GER-0001 germanium dioxide, in-whs China, $ per kg, following market feedback.
Fastmarkets will reintroduce its MB-GER-0001 Germanium dioxide, in-whs China, price assessment on Friday May 24 after it was discontinued on May 10.