Manganese Dioxide (mno₂) Price Trend and Forecast

Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

manganese dioxide (mno₂) Price Trends by Country

cnChina

Global manganese dioxide (mno₂) Spot Market Prices, Trend Analysis and Forecast

Price-Watch™ most active coverage of Manganese Dioxide price assessment:

Asia-Pacific

  • Manganese Dioxide (MnO₂) Carbon Grade Purity (91%) FOB Shanghai, China
  • Manganese Dioxide (MnO₂) Alkaline Grade Purity (91%) FOB Shanghai, China


Note:
For FOB (Free on Board) assessments, the quoted price reflects the export price at the specified port of origin, excluding international freight and insurance. Other Incoterms should be interpreted according to standard international trade definitions.

Manganese Dioxide (MnO₂) Price Trend Q1 2026

According to Price-Watch™, during the first quarter of 2026, worldwide manganese dioxide price trend rose moderately in Asian exporting nations, growing by 3.51% to 4.09% per quarter.

Overall, increasing sales volumes of pigment, paint, coating, and ceramics have increased as a result of sustained demand from these industries and maintaining equal levels of supply from Chinese manufacturers.

In addition, current international political tensions (such as the impediments to shipping through the Red Sea or increasing shipping delays) have generated logistical uncertainty and fluctuating freight costs that have had some minor but limited effect on regional MnO₂ trade.

Changes in the price of crude oil have been slightly influential on MnO₂ prices; on the other hand, the price of manganese ore supplies remained somewhat stable.

All in all, the market continues to demonstrate well-balanced supply and demand fundamentals, while continued strong purchasing levels continue to shape MnO₂ prices as we head into early Q2 2026.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q1 2026, manganese dioxide price trend in China showed a moderate upward trend, supported by steady demand from pigment and coatings industries. The increase has been driven by consistent consumption in paint formulations, construction coatings, and industrial pigment applications.

The manganese dioxide price trend in China reflected balanced supply conditions, with producers maintaining stable operating rates to meet demand. Feedstock manganese ore prices remained relatively stable, limiting cost-driven price fluctuations.

Export shipments to Asian and Middle Eastern markets continued at a steady pace. In March 2026, Manganese Dioxide Carbon Grade prices in China increased by 4.09% under FOB China, indicating a stable-to-firm market tone.

Manganese Dioxide (MnO₂) Price Trend Analysis: Q4 2025

In Q4 2025, the global Manganese Dioxide (MnO₂) market remained largely stable across key regions, with minimal price fluctuations supported by balanced supply-demand fundamentals. Demand from battery, pigment, and chemical manufacturing sectors remained steady, particularly from dry cell battery applications.

Chinese producers maintained consistent operating rates, ensuring adequate supply availability in export markets. Feedstock manganese ore prices exhibited limited volatility, restricting cost-driven price movements.

Export activity from China remained stable, with buyers adopting cautious procurement strategies. Overall, the market reflected stable conditions with marginal price movements expected to continue into early Q1 2026.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q4 2025, Manganese Dioxide prices in China showed a slight upward trend, supported by stable demand from battery and electronics manufacturing sectors. Carbon-grade manganese dioxide, primarily used in dry cell batteries, witnessed consistent consumption, sustaining procurement activity.

The Manganese Dioxide price trend in China reflected balanced supply conditions, with producers maintaining steady operating rates to meet export requirements. Feedstock manganese ore markets remained largely stable, limiting production cost fluctuations.

Export shipments to Asian and European markets continued at a steady pace. In December 2025, Manganese Dioxide prices in China increased by 0.41% under FOB Shanghai, indicating a stable-to-firm market tone.

In Q3 2025, the global Manganese Dioxide pigment market maintained a steady outlook with slight softening across major consuming regions. Prices for Alkaline and Carbon grades moved within a controlled range during the July–September 2025 period, influenced by stable ore supply, consistent milling operations, and moderate energy costs.

Demand from ceramics, glass coloration, ferrite production, and specialized pigment formulations offered underlying support, even as overall procurement remained cautious. With producers optimizing capacity and downstream pigment applications showing steady offtake, the market is expected to hold a stable-to-firm tone heading into the next quarter.

China: Manganese Dioxide (MnO₂) Export prices FOB Shanghai, China, Grade- Carbon

According to Price-Watch™ , in Q3 2025, Manganese Dioxide markets in China moved into a softer zone, influenced by restrained procurement from downstream battery materials, ceramics, and chemical processing industries. Buyers avoided speculative stocking and focused on maintaining routine inventory levels, while subdued operating rates across end-use sectors limited any notable demand uplift.

Trade flows remained steady, supported by stable domestic freight and uninterrupted port operations, ensuring smooth dispatches. Suppliers met contractual commitments without supply tightness, keeping market conditions balanced. In September 2025, Manganese Dioxide Carbon Grade prices under FOB China decreased by -2.80%, indicating a mildly weak market tone heading into late Q3 2025.

In Q2 2025, the global Manganese Dioxide market continued to display a softening trend, as prices declined moderately amid cautious downstream demand and comfortable supply conditions. Consumption from dry-cell battery, chemical processing, and pigment sectors remained stable but lacked aggressive procurement momentum.

Chinese producers maintained sufficient operating rates, while steady manganese ore availability supported balanced production costs throughout the quarter. Export demand across Asia remained moderate, with buyers preferring contract-based procurement over spot purchases. Prices during Q2 2025 declined by 1.19%, reflecting restrained industrial activity and a cautiously balanced market outlook heading into the second half of 2025.

China: Manganese Dioxide; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q2 2025, Manganese Dioxide prices in China declined slightly due to moderate downstream consumption from battery, pigment, and industrial chemical sectors. Buyers continued cautious procurement strategies while maintaining controlled inventory positions amid stable domestic manufacturing activity.

The Manganese Dioxide price trend in China reflected adequate manganese ore supply and consistent producer operating rates, preventing significant market volatility. Export inquiries from Asian markets remained stable, though purchasing volumes largely focused on long-term contractual commitments rather than spot transactions.

During Q2 2025, Manganese Dioxide prices under FOB Shanghai decreased by 1.19%, indicating a soft-to-balanced market tone with limited short-term upward pressure.

In Q1 2025, the global Manganese Dioxide market witnessed a moderate decline, influenced by weaker downstream demand and cautious industrial procurement across major consuming sectors.

Demand from dry-cell battery manufacturers and chemical processing industries remained subdued following year-end inventory normalization and restrained manufacturing activity. Chinese suppliers maintained adequate inventory levels and stable production output, ensuring uninterrupted supply availability.

Export demand across Asian markets remained moderate, while stable freight conditions supported consistent trade flows. Prices during Q1 2025 declined by 2.94%, reflecting softer market fundamentals and conservative buying sentiment entering early 2025.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q1 2025, Manganese Dioxide prices in China moved downward as downstream demand from battery and industrial chemical sectors remained cautious during the post-holiday period. Buyers adopted conservative procurement strategies while maintaining lean inventory coverage, limiting spot-market activity throughout the quarter.

The Manganese Dioxide price trend in China reflected sufficient domestic supply availability, supported by stable manganese ore feedstock conditions and balanced producer operating rates. Export shipments from Shanghai continued steadily despite subdued overseas inquiries from regional buyers.

During Q1 2025, Manganese Dioxide prices under FOB Shanghai declined by 2.94%, signalling a softer market environment amid restrained industrial consumption patterns.

Manganese Dioxide (MnO₂) Price Trend Analysis: Q4 2024

In Q4 2024, the global Manganese Dioxide market experienced a mild correction, as downstream demand weakened slightly during the year-end period. Consumption from battery manufacturing and pigment industries slowed amid cautious inventory management and reduced industrial procurement activity across Asian markets.

Chinese suppliers maintained adequate production levels, while stable raw material availability prevented major supply-side disruptions. Export demand remained balanced, although buyers limited discretionary spot purchases in anticipation of stable supply conditions. Prices during Q4 2024 declined by 1.39%, reflecting softer market sentiment and cautious purchasing behaviour entering 2025.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q4 2024, Manganese Dioxide prices in China softened moderately due to slower downstream procurement from dry-cell battery and industrial chemical manufacturers during the year-end period. Buyers maintained cautious inventory strategies while limiting bulk spot purchases amid stable market availability.

The Manganese Dioxide price trend in China reflected sufficient manganese ore supply and steady producer output, supporting balanced overall market fundamentals. Export activity from Shanghai remained operationally stable, though overseas inquiries moderated slightly during the quarter. During Q4 2024, Manganese Dioxide prices under FOB Shanghai declined by 1.39%, indicating a mildly soft market tone heading into early 2025.

In Q3 2024, the global Manganese Dioxide market maintained a firm trend, supported by improving downstream demand from battery manufacturing and industrial chemical applications. Procurement activity strengthened gradually across Asian markets as manufacturing operations improved and industrial output stabilized.

Chinese producers continued operating at steady production levels, while balanced manganese ore availability supported consistent cost structures throughout the quarter. Export demand remained healthy, aided by stable logistics and regular contractual shipments from Shanghai. Prices during Q3 2024 increased by 2.01%, reflecting firmer industrial demand and improved overall market confidence.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q3 2024, Manganese Dioxide prices in China strengthened moderately due to improving demand from dry-cell battery manufacturers and industrial processing sectors. Buyers increased procurement volumes gradually amid stable domestic manufacturing conditions and balanced inventory positions. The Manganese Dioxide price trend in China reflected healthy manganese ore supply availability alongside disciplined producer inventory management strategies.

Export inquiries from regional Asian markets improved steadily, while shipping conditions from Shanghai ports remained operationally balanced. During Q3 2024, Manganese Dioxide prices under FOB Shanghai increased by 2.01%, signalling firmer market momentum supported by stable downstream industrial activity.

In Q2 2024, the global Manganese Dioxide market displayed a stable-to-firm trend, supported by gradual recovery in downstream industrial demand and improving procurement activity across battery and chemical sectors. Chinese suppliers maintained steady production output, while balanced manganese ore availability supported consistent operating conditions.

Demand across Asian export markets improved moderately as manufacturing activity recovered during the quarter. Stable freight and logistics conditions further supported uninterrupted trade flows from China. Prices during Q2 2024 increased by 1.35%, reflecting improving market sentiment and balanced supply-demand fundamentals across the regional market.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q2 2024, Manganese Dioxide prices in China increased slightly due to improving downstream demand from battery manufacturing and industrial chemical applications. Market activity strengthened gradually as buyers resumed procurement following stable industrial production growth across key sectors. The Manganese Dioxide price trend in China reflected balanced manganese ore feedstock availability and disciplined producer inventory management.

Export shipments from Shanghai remained steady, supported by manageable logistics and stable overseas inquiries from Asian markets. During Q2 2024, Manganese Dioxide prices under FOB Shanghai increased by 1.35%, indicating improving market fundamentals and moderate industrial demand recovery.

In Q1 2024, the global Manganese Dioxide market experienced a mild decline, influenced by cautious downstream demand and slower procurement activity following year-end inventory adjustments. Consumption from dry-cell battery and industrial chemical sectors remained moderate, while buyers adopted conservative purchasing strategies amid balanced market availability.

Chinese producers maintained stable operating rates, supported by sufficient manganese ore supply and controlled inventory levels. Export activity from Shanghai remained steady despite subdued spot-market transactions. Prices during Q1 2024 declined by 1.99%, reflecting a balanced-to-soft market environment during the opening quarter of 2024.

China: Manganese Dioxide Prices; FOB Shanghai, China; Carbon Grade (Purity 91%)

In Q1 2024, Manganese Dioxide prices in China declined moderately due to cautious downstream purchasing from battery and industrial chemical manufacturers during the post-holiday period. Buyers maintained restrained procurement volumes while monitoring inventory levels amid stable domestic supply conditions.

The Manganese Dioxide price trend in China reflected adequate manganese ore availability and balanced producer operating rates, preventing sharper market corrections. Export flows from Shanghai continued smoothly despite limited spot demand from overseas buyers. During Q1 2024, Manganese Dioxide prices under FOB Shanghai declined by 1.99%, indicating a stable-to-soft market tone amid cautious industrial consumption.

Technical Specifications of Manganese Dioxide (mno₂) Price Trends

Product Description

Manganese Dioxide is a functional inorganic pigment valued for its deep green hue, strong tinting strength, and excellent opacity. It offers notable thermal and chemical stability, making it suitable for high-temperature ceramic colours, glass coloration, and specialty coatings. Its performance can be optimized through controlled particle size and purity levels, enabling manufacturers to achieve consistent shade development, improved dispersion, and reliable colour fastness across diverse pigment applications.

Identifiers and Classification:

  • CAS No – 1313-13-9
  • HS Code – 28201000
  • Molecular Formula – MnO₂
  • Molecular Weight (in gm/mol) – 86.94


Manganese Dioxide Synonyms:

  • Manganese Dioxide
  • MnO₂ Pigment
  • Manganese Oxide (IV)
  • Battery-Grade Manganese Dioxide


Manganese Dioxide Grades Specific Price Assessment:

  • Manganese Dioxide Carbon Grade Price Trend
  • Manganese Dioxide Alkaline Grade Price Trend


Manganese Dioxide Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 100-200MT
  • Packaging Type (Product & Country Specific): 25 Kg Bag


Incoterms Referenced in MnO₂ Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China   MnO₂ Export price from China 

*Quotation Terms refers to the quantity range specified for the MnO₂ being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for MnO₂ packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Manganese Dioxide (MnO₂) Manufacturers

Manufacturer 
Guangxi Guiliu New Material Co., Ltd. 
Hunan QingChong New Materials Co., Ltd. 

Manganese Dioxide (mno₂) Industrial Applications

manganese dioxide market share end use

Historically, several events have caused significant fluctuations in Manganese Dioxide (mno₂) prices

  • Global Inflation and Manufacturing Cost Pressure (2022–Present):
    Rising labor, transportation, and utility costs increased overall production expenses for manganese-based pigment and coating manufacturers globally.
  • Environmental Regulations in China (2019–Present):
    Stricter environmental inspections and emissions controls on manganese-processing facilities reduced operating rates and increased compliance costs for pigment producers.
  • Construction and Infrastructure Slowdowns (2018–Present):
    Fluctuations in construction activity and industrial output directly impacted demand for manganese-based pigments used in protective coatings, decorative paints, and industrial applications.
  • Raw Material Price Fluctuations (2018–Present):
    Variations in manganese ore availability and mining output influenced production costs for manganese pigments and specialty coating materials.
  • Industrial Coatings Expansion in Asia-Pacific (2017–Present):
    Growing manufacturing and infrastructure investments across China, India, and Southeast Asia increased consumption of manganese-based pigments in industrial paints and corrosion-resistant coatings.
  • Global Energy Crisis (2021–2023):
    Rising electricity and fuel costs significantly increased production expenses for manganese-based pigments and coating additives, particularly in China.
  • Supply Chain and Freight Disruptions (2021–2022):
    Container shortages, port congestion, and elevated freight rates increased transportation costs for manganese pigment exports, affecting global coatings and paint manufacturers.
  • COVID-19 Pandemic (2020–2021):
    Reduced construction activity and weaker industrial manufacturing initially lowered demand for manganese-based pigments used in paints and coatings. Demand later recovered alongside infrastructure and industrial activity.

 

These events demonstrate the Manganese Dioxide market’s dependence on industrial coatings demand, construction activity, energy pricing, and raw material availability within the paints, coatings, and pigments industry.

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global manganese dioxide (mno₂) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the manganese dioxide (mno₂) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence manganese dioxide (mno₂) prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely manganese dioxide (mno₂) market data.

Track Price Watch's™ manganese dioxide (mno₂) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Manganese Dioxide (mno₂) Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

Manganese Dioxide (MnO₂) is an inorganic compound widely used across industrial and consumer applications, particularly in battery manufacturing, pigments, water treatment, and chemical synthesis.

It plays a critical role in dry cell and alkaline batteries, acting as a cathode material that enables efficient energy storage and discharge. Its price directly impacts battery manufacturers, electronics producers, and specialty chemical industries.

Since MnO₂ is derived from manganese ore through energy-intensive processes, fluctuations in mining output, ore quality, and processing costs significantly influence pricing. Price-Watch™ tracks these prices globally.

Manganese Dioxide prices vary across regions such as China, India, Japan, Europe, and Southeast Asia, and are typically quoted per metric ton under FOB, CIF, or domestic delivery terms.

Prices fluctuate based on supply-demand conditions, manganese ore costs, and energy prices. Trade flows, freight rates, currency fluctuations, and inventory levels also contribute to regional pricing differences.

Import-dependent markets may experience higher volatility compared to regions with domestic production. Price-Watch™ provides real-time global price assessments to support procurement strategies.

Manganese Dioxide prices fluctuate due to changes in manganese ore costs, energy prices, and demand from battery and chemical industries. The growing demand for batteries, particularly in electronics and energy storage applications, significantly influences price trends.

Production factors such as plant operating rates, environmental regulations, and processing efficiency impact supply availability. Export competitiveness from China, logistics costs, and industrial activity levels further affect pricing.

Seasonal demand patterns and macroeconomic conditions also contribute to price movements in the MnO₂ market.

The largest consumers of Manganese Dioxide are battery manufacturers, especially for dry cell and alkaline batteries. This is followed by chemical industries, where MnO₂ is used in catalysts and oxidizing agents.

Additional demand comes from pigments, ceramics, and water treatment applications. Electronics manufacturing and energy storage sectors also contribute to demand growth.

Infrastructure development and industrial activity indirectly influence consumption patterns. Price-Watch™ analyzes demand trends across these industries.

Manganese Dioxide is produced from manganese ore through chemical or electrolytic processes. Natural MnO₂ is mined directly, while synthetic MnO₂ is produced via chemical reactions or electrolysis to achieve higher purity levels required for battery applications.

Major production hubs include China, India, South Africa, and Australia. The production process is closely linked to mining and metallurgical operations, making ore availability and processing technology key factors influencing supply and pricing.

China is the largest exporter of Manganese Dioxide globally, supported by its large production capacity and strong integration with battery and chemical industries. Other producers such as India and South Africa also contribute to export markets, particularly for specific grades.

Export volumes depend on domestic demand, ore availability, and global trade conditions. Import-dependent regions rely heavily on Asian suppliers. Price-Watch™ tracks export flows to support sourcing decisions.

Global supply of Manganese Dioxide is generally balanced due to widespread manganese ore availability and established production capacity.

However, supply disruptions can occur due to mining constraints, environmental regulations, or fluctuations in battery demand.

Rapid growth in battery applications can tighten supply, while slower industrial activity may lead to surplus conditions. Price-Watch™ monitors these dynamics to identify market imbalances.

Manganese Dioxide is available in various grades, including natural MnO₂, chemical MnO₂ (CMD), and electrolytic MnO₂ (EMD). EMD is widely used in batteries and commands higher prices due to its purity and performance characteristics.

CMD is used in chemical applications, while natural MnO₂ is used in lower-grade applications. Differences in purity, particle size, and production methods influence pricing. Price-Watch™ provides pricing insights across different grades.

When demand rises sharply, particularly from battery and electronics sectors, MnO₂ prices typically increase due to tighter supply availability. Producers may prioritize long-term customers, while spot buyers face higher prices and limited supply.

Since production depends on ore availability and processing capacity, output cannot be quickly scaled. This leads to short-term price spikes and increased competition. Price-Watch™ captures these market changes in real time.

Energy is a key cost component in MnO₂ production, particularly for electrolytic processes used in high-purity grades. Increases in electricity and fuel costs raise production expenses, which are passed on to buyers.

Mining, refining, and transportation of manganese ore are also energy-dependent. Regions with lower energy costs typically have more competitive pricing. Price-Watch™ analyzes these cost correlations.

MnO₂ prices vary across regions due to differences in manganese ore availability, production capacity, energy costs, logistics expenses, and demand strength.

Regions with strong mining and processing capabilities typically offer lower prices. Import-dependent markets face higher costs due to freight and supply risks.

Currency fluctuations and trade policies also influence pricing. Price-Watch™ tracks these regional differences globally.

The MnO₂ market outlook depends on manganese ore supply, energy costs, and demand from battery, electronics, and chemical industries. Growth in battery technologies and energy storage applications is a key driver.

Mining output, environmental regulations, and industrial activity also influence pricing direction. Price-Watch™ provides detailed forecasts based on supply-demand analysis.

Yes. Accurate forecasts allow businesses to optimize procurement strategies, manage costs, and negotiate contracts effectively.

Anticipating price increases enables early purchasing, while expected declines support delayed buying decisions. This improves budgeting and reduces risk. Price-Watch™ provides actionable insights.

Global events such as mining disruptions, energy price fluctuations, environmental regulations, or logistics challenges can significantly impact MnO₂ supply and pricing.

Changes in battery demand and industrial activity also influence market dynamics. Price-Watch™ provides timely updates on such developments.

Price-Watch™ provides accurate global price assessments, market insights, and forecasts with comprehensive coverage of the Manganese Dioxide market.