Proposal to launch Chinese domestic battery-grade manganese sulfate price

Fastmarkets is proposing to launch a manganese sulfate 32% Mn min, battery grade, ex-works mainland China price assessment to track market dynamics of this new energy raw material

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 is the biggest supplier of battery-grade manganese sulfate, accounting for around 90% of global supply. 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.

The proposed price specifications are as follows:

Assessment: 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

The consultation period for the proposed price launch will start on Thursday July 28 and will end one month later on Friday August 26. The proposed launch will take place, subject to market feedback, on Thursday September 1.

To provide feedback on this proposal, 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
Global refined nickel premiums were broadly steady in the week to Tuesday November 29, with the exception of European briquettes premiums which came under further pressure due to increased supply
The new proposal would help restore approximately 500 million gallons of blending volumes previously waived by the agency in 2016
German equipment provider SMS Group will provide a logistics and storage system for a forthcoming $238.7 million aluminium foil plant being built in the US by South Korea’s LOTTE Group to meet demand for the material’s use in electric vehicles (EVs)
Peter Hannah, senior price development manager at Fastmarkets, discusses key pricing trends in the lithium market and gives his advice for those navigating this volatile time
Fastmarkets has corrected its price indices for US- and Northern Europe-origin steel scrap, CFR Turkey, which were published incorrectly on Thursday December 1 due to a technical error.
Fastmarkets has today discontinued its price assessment for hot-briquetted iron export, fob main port Venezuela (MB-FE-0002).
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.