China: Eramet Comilog slashes manganese ore prices for Sep’26 on cautious Chinese procurement

• • Need-based buying keeps manganese ore trade subdued

• • Ample seaborne supply intensifies exporter competition

Eramet Comilog, a leading Gabonese manganese ore supplier, reduced its September 2026 offer prices to $4.90/dmtu CIF China for Mn44.5% lumps and $4.70/dmtu for Mn43% chips, both down by $0.2/dmtu m-o-m.

The price cut reflects cautious buying sentiment among Chinese alloy producers, who continue to procure on a need-based basis amid weak downstream demand, while ample seaborne ore availability has intensified competitive pressure among suppliers.

Muted downstream demand caps procurement: Chinese manganese alloy producers have largely confined purchases to immediate requirements, as weak alloy prices and uncertain steel demand continue to squeeze profitability. This has kept spot trading subdued despite lower ore offers.

Competitive supply pressures exporters: Consistent shipments from Gabon, South Africa and Australia have maintained comfortable ore availability in China. With supply outpacing near-term demand, exporters are increasingly adjusting prices to protect market share and encourage fresh bookings.

Outlook:

Comilog’s monthly quotations are closely tracked as a benchmark for high-grade manganese ore. The latest reduction is expected to weigh on spot market sentiment, while any sustained price recovery will depend on stronger alloy production, improved steel demand, and a pickup in restocking activity during the upcoming peak season.