China and non-ferrous Metals (Australia, South Africa and … )

China and Australia Coking Coal, Coke and PCI

• Premium hard coking coal FOB Australia: $288/wmt, up 1.53%.
• Premium hard coking coal CFR Jingtang: $306.73/wmt, up 1.01%.
• Hard coking coal CFR Jingtang: $265.37/wmt.
• Coke 65% CSR FOB China: $330/t, up 3.13%.
• Low-vol PCI FOB Australia: $220.25/wmt, up 4.88%.
• Reduced domestic Chinese coal availability and mine disruptions supported prices.

China and South Africa Chrome Ore

• UG2/MG chrome ore increased to $289/t CIF China.
• Chinese port stocks increased to approximately 4.76–4.95 million tonnes.
• Strong Chinese smelter demand supported ore prices.
• Renewed South African ferro-chrome production could restrict future ore exports.

China Ferrochrome

• Ferro-chrome narrowed downward to CNY 8,000–8,300/t.
• High chrome ore, coke and electricity costs compressed smelter margins.
• Producers were reluctant to reduce offers, but transactions remained difficult.

China Manganese Ore and Manganese Alloys

• Manganese ore stocks at Tianjin and Qinzhou increased to 6.31–6.59 million tonnes.
• Silico-manganese rose to CNY 5,800–5,910/t.
• Ferro-manganese increased to CNY 5,300–5,400/t.
• Higher coke and manganese ore costs supported alloy offers.

China Vanadium Pentoxide

• V₂O₅ FOB China rose approximately 4.1% to $5.30–5.40/lb.

China Nickel Pig Iron

• High-grade NPI declined approximately 2.7% to CNY 1,085–1,100 per nickel unit.
• Slow stainless-steel demand and excess availability pressured prices.