PRICING NOTICE: Amendment to manganese ore 44% Mn index specifications

Fastmarkets has amended the specifications for its manganese ore 44% Mn, cif Tianjin, $/dmtu index.

After a consultation period, Fastmarkets has amended the silica content of its manganese ore 44% Mn, cif Tianjin, index specifications to a base of 10% and a max 15%, from a base of 11% and max of 12%, in response to product changes in the market.

The amended specifications are:

MB-MNO-0001 Manganese ore 44% Mn, cif Tianjin, $/dmtu
Quality: 5.5-75mm lump. Manganese base 44%, range 42-48%; iron base 5%, max 16%; silica base 10%, max 15%; phosphorous base 0.10%, max 0.16%; alumina base 5%, max 14%; moisture: base 4%, max 12%
Quantity: Min 5,000 tonnes
Location: cif Tianjin, China (normalized for any Chinese mainland sea port)
Timing: Within nine weeks
Unit: US$ per dry metric tonne unit
Payment: Cash or equivalent
Publication: Friday, 3pm London

To provide feedback on this amendment or if you would like to provide price information by becoming a data submitter to this index, please contact Jon Stibbs by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Jon Stibbs, re: 44% manganese ore.’

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Fastmarkets proposes to launch Nordic sawn timber export prices for selected European markets and grades, while discontinuing the PIX Sawn Timber FAS Finland indices. The PIX sawn timber FAS Finland indices have not been widely adopted by the industry and the new price assessments will offer more end-market-specific data for major European markets and will […]
Read Fastmarkets' monthly battery raw materials market update for May 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more
To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]
Fastmarkets is inviting feedback from the industry on the pricing methodology for the PIX Forest Biomass Finland price indices, as part of its announced annual methodology review process. This consultation, which is open until June 12, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the […]
The publication of the following price was delayed for 10 minutes: MB-ALU-0002 Alumina index, fob Australia, $/tonne This price is a part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter […]