en.Wedoany.com Reported - Imported manganese ore prices in India have recently edged down, with limited market trading activity as the market enters a wait-and-see phase. Most smelters had already booked large volumes of cargo during the sharp price surge in April 2026, and currently hold ample inventories, leading to reduced demand for new purchases, though basic production needs remain stable.

Australian high-grade ore (Mn 46%) quotes fell by $0.06/dmtu week-on-week to $5.68/dmtu, on a CNF Haldia/Vizag basis. Gabonese high-grade ore (Mn 44%) declined by $0.9/dmtu week-on-week to $5.40/dmtu CNF Haldia/Vizag. South African lump ore (Mn 37%) dropped by $0.2/dmtu week-on-week to $4.68/dmtu CNF Haldia/Vizag.

Ample inventories have limited new booking activity. Many smelters currently hold approximately three months' worth of imported ore stocks, acquired through bulk purchases during the window of elevated prices in April 2026. Traders have also postponed new bookings. A major smelter in Raipur indicated that imported manganese ore is available for spot delivery in the market, further reducing the urgency for new purchases.

Manganese alloy prices edged up week-on-week, supported by tight spot supply and rising production costs, but this did not effectively boost demand for imported ore. Indian silico-manganese (60-14) prices rose by INR 150/tonne ($2/tonne), and ferro-manganese (70%) increased by INR 200-300/tonne ($2-3/tonne), with export prices for both alloys also rising by $1/tonne. However, the modest improvement in alloy prices had a limited impact on imported ore demand, as smelters' ample raw material inventories continued to suppress new bookings.

For the week of June 14-20, 2026, weekly arrivals of manganese ore (Mn37%, Mn44%, and Mn46%) at major Indian ports totaled 135,010 tonnes, down slightly by 1% from 135,864 tonnes in the previous week.

In the near term, imported manganese ore prices still face mild downward pressure, mainly due to ample inventories and limited new bookings. If later-stage demand for manganese alloys strengthens, triggering restocking, it may provide some support to prices.

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