Manganese Price Trend and Forecast

UNSPC code: 11101900
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

manganese Price Trends by Country

auAustralia
zaSouth Africa

Global manganese Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Manganese across top trading regions:

Manganese Regional Coverage Manganese Grade and Country Coverage Manganese Pricing Data Coverage Explanation
Asia-Pacific Manganese Pricing Analysis Manganese Purity: 45% min FOB Prices at Brisbane Port, Australia Weekly Price Update on Manganese 45% min Purity Real-Time Export Prices from Brisbane Port, Australia to Global Markets
Middle East & Africa Manganese Pricing Analysis Manganese Purity: 38% min FOB Prices at Santos Port, South Africa Weekly Price Update on Manganese 38% min Purity Real-Time Export Prices from Santos Port, South Africa to Global Markets

Manganese Price Forecasts & Market Foresight Q3 2026

Outlook: Strongly Bullish

Confidence: High

Manganese prices are expected to remain on a strong upward trajectory globally during Q3 2026, supported by tight ore availability, firm demand from the steel and battery industries, and constrained mine supply.

South Africa is likely to witness the strongest price gains amid supply limitations and robust export demand, while Australia is expected to maintain a bullish trend with steady shipments and healthy buying interest. Overall, the global manganese market is anticipated to remain strongly bullish throughout the quarter.

Global Manganese Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
South Africa  Purity: 38%min. FOB Richard Bay Strongly Bullish
Australia Purity: 45%min. FOB Brisbane Bullish

* Manganese Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Manganese Forecast

Access comprehensive Manganese market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Manganese Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in manganese ore mine production, steel and battery sector demand, mining and processing costs, producer operating rates, inventory levels, export availability, trade flows, freight rates, regional supply-demand balances, and geopolitical developments affecting the global manganese market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

 

Track Manganese Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Manganese markets.

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Manganese Price Trend Q2 2026

In Q2 2026, global manganese prices increase as tight mine supply, export logistics constraints, and steady steel sector demand support the market across key producing regions. Australia faces lower production after weather related disruptions at South32’s GEMCO mine, while South Africa continues to experience rail bottlenecks and elevated transport costs that restrict export availability.

These supply challenges keep the global market firm throughout the quarter despite stable downstream demand. The Manganese Price Chart reflects consistent price gains across major export markets, with South Africa recording stronger increases than Australia.

By June 2026, supply conditions begin stabilising in Australia, while South African export constraints remain in place and continue supporting prices. The Manganese Price Index indicates that the global market remains elevated at the end of Q2 as limited supply outweighs modest improvements in logistics and production.

Australia: Manganese Export prices FOB Brisbane, Australia; Purity: 45%min.

In Q2 2026, Manganese Price Trend in Australia records a 4.09% increase compared with Q1 2026. Supply remains constrained as South32 continues managing water levels and operational disruptions at its GEMCO mine following Tropical Cyclone Narelle.

The company also lowers its FY2026 production guidance after weather related interruptions, keeping manganese availability tight across the domestic market. Higher freight costs and steady demand from the steel sector provide additional price support during the quarter.

These factors keep Manganese Price in Australia on an upward path despite improved shipments from earlier recovery efforts. In June 2026, Manganese Prices in Australia increase by 0.59% compared with May as supply conditions remain firm while market activity stabilises.

South Africa: Manganese Export prices FOB Santos, South Africa; Purity: 38%min.

In Q2 2026, Manganese Price Trend in South Africa records a strong 12.24% increase compared with Q1 2026. Tight export availability and high logistics costs continue supporting the market.

Rail constraints through Transnet keep manganese movements below full capacity, while many producers still depend on more expensive road transport. Exxaro also confirms plans to shift more manganese volumes to rail because road transport costs are 37% higher, with logistics representing 43% of FOB costs.

These supply chain challenges keep Manganese Price in South Africa elevated throughout the quarter. In June 2026, Manganese Prices in South Africa rise by 10.69% compared with May as export demand remains firm and logistics constraints continue limiting market supply.

Manganese Price Trend Analysis: Q1 2026

Manganese Price Trend Q1 2026

In Q1 2026, global manganese price trend showed a modest recovery compared to Q4 2025, supported by improving demand and tighter supply conditions across key exporters such as Australia and South Africa.

The uptrend was largely driven by renewed procurement and restocking activity from Asian steel and ferroalloy producers following late 2025 destocking, alongside stable but not significantly higher crude steel output.

Supply remained balanced to tight, with Australia facing logistical constraints and competitive pressures, while South Africa experienced limited output growth due to elevated production and electricity costs.

Strengthening spot inquiries, reduced inventories, and sustained international buying further supported prices through March, indicating improving market sentiment and early signs of stabilization heading into the next quarter.

Australia: Manganese Export prices FOB Brisbane, Australia; Purity: 45%min.

According to Price-Watchâ„¢ , in Q1 2026, manganese price trend in Australia increased by 4.07% compared to Q4 2025, primarily driven by a post destocking recovery in demand and improving market sentiment.

Key steel and ferroalloy producers, particularly across Asian markets, resumed procurement following cautious buying in late 2025, supporting a rebound in manganese consumption despite only modest improvements in global crude steel output. In March, Manganese prices in Australia recorded a further 1.65% increase, supported by stronger spot inquiries and short term restocking activity.

At the same time, balanced to tight global supply conditions, including steady Australian exports alongside logistical constraints and competitive shifts among major suppliers such as South Africa and Brazil, limited excess availability and lent upward support to prices, indicating early signs of stabilization heading into the next quarter.

South Africa: Manganese Export prices FOB Santos, South Africa; Purity: 38%min.

In Q1 2026, manganese price trend in South Africa increases by 11.69% compared to Q4 2025, driven by strong global demand particularly from Asian steel and alloy producers alongside tightening exportable supply and continued restocking activity.

Elevated production and electricity costs in South Africa provided additional price support, limiting supply expansion and sustaining firmness in the market, while protective trade measures and expectations of improved steel output further reinforced consumption.

In March, manganese price trend in South Africa increased by 2.39%, supported by reduced inventories and steady international buying, which maintained a positive market sentiment toward the end of the quarter.

Manganese Price Trend Analysis 2025

Manganese Price Trend Q1 2025

In the first quarter of 2025, manganese prices experienced a modest decline, dropping by $6.33 per DMTU, FOB Brisbane which represents a 0.66% decrease. This slight downturn suggests a relatively stable market with only minor fluctuations. The price drop could be attributed to factors such as easing demand in key industrial sectors, slight improvements in supply chain logistics, or shifts in global trade dynamics.

Despite the decrease, the marginal percentage change indicates that manganese remains largely steady in value, reflecting balanced market conditions amid ongoing economic uncertainties. 

Manganese Price Trend Q2 2025

According to the PriceWatch, In Q2 2025, manganese ore prices declined by $5.50 per DMTU, FOB Brisbane marking a 13.16% drop amid weakening global demand and elevated inventories in key markets like China. The price softening reflects reduced buying from alloy producers facing tighter margins and a cautious steel sector, leading to subdued short-term sentiment.

Despite the decline, prices remain above key production thresholds for major Australian miners, suggesting supply cuts are unlikely in the near term. Additionally, output in Australia is gradually recovering following earlier weather-related disruptions, while the market anticipates a potential rebound in demand later in the year, particularly if infrastructure and construction activity intensify. 

Manganese Price Trend Q3 2025

In Q3 2025, the global Manganese market exhibited a mixed trend, with overall prices showing a slight incline of around 0.14% compared to the previous quarter. The modest increase was largely supported by steady demand from the steel and alloy industries, which remain the primary consumers of manganese globally. In key producing regions such as Australia and South Africa, consistent mining output and moderate restocking by industrial buyers provided mild support to prices.

Meanwhile, subdued industrial activity in other regions limited further gains. Supply-side factors, including stable production levels and logistical constraints in certain areas, contributed to localized price fluctuations. Overall, the market remained balanced, reflecting cautious demand growth and stable supply conditions, with near-term sentiment showing moderate optimism.

Australia: Manganese Export prices FOB Brisbane, Australia, Purity: 45%min.

According to the PriceWatch, in Q3 2025, the manganese price trend in Australia declined by 1.37% compared to the previous quarter, reflecting softer demand from the steel and ferroalloy manufacturing sectors. Moderated downstream consumption, coupled with steady domestic production and stable export volumes, contributed to the mild price decline.

Additionally, competitive international supply from other major producers, particularly South Africa and Brazil, applied slight downward pressure on market sentiment. Overall, the market remained relatively balanced, with producers managing output and inventories carefully to maintain stability amid subdued demand.

Manganese prices in Australia declined by 1.83% in September 2025, primarily due to softened demand from the steel and alloy manufacturing sectors amid slower industrial activity. Steady domestic production and adequate inventory levels further contributed to the downward pressure on prices, while export inquiries remained moderate.

Overall, the manganese market in Australia during Q3 2025 exhibited a softening trend, with expectations of gradual stabilization in Q4 as downstream demand and global steel production show signs of recovery.

South Africa: Manganese Export prices FOB Santos, South Africa, Purity: 38%min.

According to the PriceWatch, in Q3 2025, the manganese price trend in South Africa inclined by 1.65% compared to the previous quarter, supported by steady demand from the steel and ferroalloy industries. Increased procurement by downstream manufacturers and healthy export orders, particularly to Asia, contributed to the upward momentum.

Additionally, stable production levels and controlled supply from local mines helped sustain price firmness. Overall, the market exhibited a positive sentiment, with producers balancing output and inventories to meet consistent industrial demand throughout the quarter.

Manganese prices in South Africa declined by 1.51% in September 2025, mainly due to subdued demand from the steel and alloy manufacturing sectors amid slower global industrial activity. Adequate domestic supply and steady export availability further weighed on prices, limiting any upward momentum.

Overall, the manganese market in South Africa during Q3 2025 reflected a mild downward trend, with expectations of gradual stabilization in Q4 as downstream demand and international steel production gradually improve.

Manganese Price Trend Q4 2025

In Q4 2025, the global manganese market continued to show a mixed performance, reflecting regional differences in supply and demand. Australia experienced a decline in prices due to reduced mining output and slower restocking by industrial buyers, while South Africa saw moderate gains supported by steady production and ongoing demand from the steel and alloy sectors.

Overall, the market remained relatively balanced, with supply generally stable and demand showing cautious growth. Near-term sentiment stayed moderately optimistic as the industry adjusted to regional supply fluctuations and sustained industrial consumption.

Australia: Manganese Export prices FOB Brisbane, Australia; Purity: 45%min.

According to Price-Watchâ„¢ , in Q4 2025, manganese prices trend in Australia declined by 6.87% compared to Q3, reflecting continued softness in demand from the steel and ferroalloy manufacturing sectors amid subdued global crude steel production and cautious procurement activity, particularly across key Asian markets. Steady domestic production levels and sufficient inventories, along with normalized export flows, maintained adequate supply in the market, limiting upward price momentum.

Additionally, competitive offerings from major producers in South Africa and Brazil exerted further downward pressure on Australian export prices, weighing on overall market sentiment. However, in December 2025, prices recorded a modest 0.25% increase, supported by mild restocking activity and improved year-end inquiries, suggesting early signs of stabilization. Overall, the Australian manganese market in Q4 2025 remained under pressure for most of the quarter, with gradual balancing expected as downstream steel demand shows tentative improvement heading into the next quarter.

South Africa: Manganese Export prices FOB Santos, South Africa; Purity: 38%min.

In Q4 2025, manganese prices trend in South Africa incline by 2.06% from Q3, supported by stronger global demand, particularly from Asian steel and alloy producers, and tighter exportable supply. Steady production from local mines, coupled with restocking by downstream manufacturers, reinforced upward momentum, while cost support from freight and production helped sustain firmness.

In December, prices further gained 4.55%, driven by intensified international buying and reduced export inventories as year-end restocking boosted demand, reflecting a positive market sentiment and anticipation of improved steel output in early 2026.

Manganese Price Trend Q1 2024

In the first quarter of 2024, the manganese market experienced a notable price increase of $5 per DMTU, FOB Brisbane reflecting a 6.41% rise compared to the previous quarter. This upward movement can be attributed to a combination of factors, including tightening supply due to production slowdowns in key mining regions and sustained demand from the steel and battery industries.

The increase highlights manganese’s growing importance in industrial applications, particularly in electric vehicle battery manufacturing, which continues to drive market dynamics. Overall, the price adjustment signals a tightening market environment and suggests potential continued upward pressure if demand remains robust and supply constraints persist. 

Manganese Price Trend Q2 2024

In Q2 2024, the manganese market experienced a notable price increase of $8 per DMTU, FOB Brisbane representing a 7.28% rise compared to the previous quarter. This upward movement reflects tightening supply conditions combined with sustained demand from the steel and battery manufacturing sectors. The surge is driven by increased production costs and heightened consumption in emerging markets focusing on electric vehicle batteries, which heavily rely on manganese as a key component.

As a result, the price hike signals robust market fundamentals and suggests continued upward pressure on manganese prices in the near term, potentially influencing procurement strategies and cost structures across related industries. 

Manganese Price Trend Q3 2024

In Q3 2024, manganese prices experienced a notable increase of $7 per DMTU, FOB Brisbane reflecting a 3.29% rise compared to the previous quarter. This upward trend can be attributed to a combination of tightening supply dynamics and steady demand growth, particularly from the steel and battery industries.

The ongoing focus on electric vehicle production and infrastructure development has further bolstered manganese consumption, contributing to the price gain. Market participants are closely monitoring these factors as manganese continues to play a critical role in both traditional steelmaking and emerging clean energy technologies. 

Manganese Price Trend Q4 2024

In Q4 2024, manganese prices are projected to increase by $6 per DMTU, FOB Brisbane reflecting a modest rise of approximately 1.51%. This incremental price growth suggests steady demand within key industries such as steel manufacturing and battery production, supported by ongoing infrastructure development and a gradual shift towards electric vehicles.

While the increase is moderate, it indicates a balanced market where supply constraints and demand pressures are aligning without causing sharp volatility. Overall, manganese remains a critical raw material with stable pricing dynamics heading into the final quarter of 2024. 

Technical Specifications of Manganese Price Trends

Product Description

Manganese is a tough, gray, white metallic element known for its excellent hardness, impact strength, and resistance to wear. It is most widely used in the steel industry, where it serves as an essential alloying agent to improve hardness, tensile strength, and resistance to abrasion. Manganese also acts as a deoxidizer and desulfurizer during steel production, enhancing overall metal quality. Beyond metallurgy, manganese is crucial in battery technologies, especially in lithium ion and alkaline batteries, as well as in the production of fertilizers, pigments, and various chemical applications. Its versatile properties make manganese indispensable in structural materials and energy storage systems.

Identifiers and Classification:

HS Code – 260200

Manganese Grades Specific Price Assessment:

  • Manganese Purity: 45%min. Price Trend
  • Manganese Purity: 38%min. Price Trend


Manganese Global Trade and Shipment Terms

Quotation Terms (Product & Country Specific): 20000-50000 MT

Packaging Type (Product & Country Specific): Bulk


Incoterms Referenced in Manganese Price Reporting

Shipping Term  Location  Definition 
FOB Brisbane  Australia  Manganese Export price from Australia 
FOB Santos  South Africa  Domestically Traded Manganese price in South Africa 

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

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

Key Manganese Manufacturers

Manufacturer 
South32 – South Africa Manganese 
Assmang Proprietary Limited 
Manganese Metal Company (MMC) 
Groote Eylandt Mining Company (GEMCO) 
Consolidated Minerals (CONSMIN) 
Firebird Metals 

Manganese Industrial Applications

manganese market share end use

Historically, several events have caused significant fluctuations in Manganese prices

• Energy Costs and Shipping Challenges (2022–2023): Rising global energy prices and continued shipping disruptions affected manganese ore transport and refining operations. These challenges, compounded by limited investment in new mining capacity, led to supply tightness and heightened price volatility. 

• Supply Disruptions and Export Restrictions (2021–2022): Key manganese-producing countries like South Africa and Gabon faced intermittent disruptions due to labour strikes, COVID-19 lockdowns, and logistical constraints. Additionally, some countries considered tightening export regulations to secure domestic supply, adding upward pressure on prices. 

• Infrastructure and Steel Demand Surge (2020–2021): Manganese is a critical component in steel production. During the post-COVID-19 economic recovery, increased infrastructure spending and construction activity, especially in China and emerging markets, drove strong demand for steel, boosting manganese consumption and prices. 

Why Price Watchâ„¢?

Price Watchâ„¢ is your trusted resource for tracking global manganese price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the manganese market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watchâ„¢ 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 prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely manganese market data.

Track Price Watch'sâ„¢ manganese 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 Market Price Trend published by Price Watchâ„¢ 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 Watchâ„¢ assumes no liability for decisions taken based on this information.

Raw Material Availability – Manganese is primarily mined in countries like South Africa, Australia, and Gabon. The availability of high-grade ore and disruptions in mining operations directly impact global supply and pricing.

Global Demand – The steel industry is the largest consumer of manganese (used as an alloy to improve strength and durability). Therefore, global steel production levels significantly influence manganese demand and pricing.

Geopolitical Stability – Political instability, labor strikes, or regulatory changes in major manganese-producing countries can disrupt exports and supply chains, pushing prices higher.

Environmental and Regulatory Policies – Stricter environmental regulations in producing or refining regions can raise compliance costs, limiting supply and affecting prices.

Processing and Transportation Costs – Manganese ore is bulky and costly to transport. Changes in fuel prices, shipping logistics, or labor costs at refineries and smelters can influence the market price.

Infrastructure and Energy Access – Reliable access to power and transport infrastructure is essential for mining and processing manganese. Deficiencies or improvements in infrastructure can affect production capacity and cost.

Substitution and Technological Changes – Advances in materials science that reduce the need for manganese in alloys or batteries can decrease long-term demand.

Market Speculation and Commodity Trading – Investment trends, futures trading, and speculative activity in commodity markets can cause short-term price volatility.

Exchange Rates – Manganese is traded internationally, often priced in USD. Currency fluctuations—especially in the currencies of major producers—can impact profitability and pricing strategies.

China’s Market Influence – China is both a major importer and processor of manganese. Its domestic demand, trade policies, and industrial output levels heavily affect global prices.

The availability and cost of raw materials such as high-carbon steel and alloy coatings directly affect Manganese production costs and pricing.

Manganese prices tend to follow general inflation trends due to rising mining, labor, and transportation costs. However, the primary driver of manganese pricing is industrial demand, especially from the steel and battery sectors which can cause prices to fluctuate independently of inflation. Supply chain disruptions or shifts in global steel production often have a more pronounced impact than inflation alone.

Manganese is a critical metal used in steel production, batteries, alloys, and chemical applications. Its price impacts industries from construction steel to specialty chemicals and battery materials. Price-Watchâ„¢ tracks these prices to help businesses and consumers understand and stay updated with market trends.

Manganese prices vary by region and market conditions. Prices are usually quoted per metric ton or per pound and fluctuate due to global supply, import/export flows, industrial demand, and currency exchange rates. Price-Watchâ„¢ provides real-time price assessments across different global markets for informed buying and selling decisions.

Prices fluctuate due to changes in production, mining output, environmental regulations, seasonal maintenance of smelters, and demand from steel, battery, and alloy industries. Exchange rates, logistics costs, and macroeconomic conditions also influence trends.

Major consumers include steel manufacturers, battery producers (especially for lithium-ion and alkaline batteries), chemical industries, and alloy producers. Price-Watchâ„¢ analyzes demand patterns across all these sectors.

Manganese is mainly obtained from ores like pyrolusite and rhodochrosite and is sometimes produced as a by-product of iron ore refining. High-purity manganese (99.8%) is produced through smelting, electrolytic refining, and chemical purification processes.

South Africa is the world’s largest exporter, followed by countries like Australia, Gabon, Brazil, and China. Export volumes vary with domestic mining policies, environmental regulations, and international demand. Price-Watch™ tracks production levels, export flows, and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Supply generally meets demand, but disruptions may occur due to mining shutdowns, environmental restrictions, or spikes in industrial consumption. Price-Watchâ„¢ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Manganese is graded by purity and intended use: industrial grade, high-purity (99.8%), and specialty forms for batteries or chemicals. Higher-purity grades cost more due to additional refining. Price-Watchâ„¢ provides separate price assessments for each grade to ensure transparency.

When demand rises, for example, from steel production or battery manufacturing, prices typically increase. Suppliers may prioritize certain customers, and lead times can extend. Price-Watchâ„¢ captures these market dynamics in real-time.

Refining manganese is energy-intensive. Rising electricity, fuel, or chemical costs often get passed on to buyers. Regions with cheaper energy tend to have lower prices, a correlation Price-Watchâ„¢ analyzes in its market reports.

Regional variations arise from import dependency, shipping costs, currency fluctuations, and local demand. Price-Watchâ„¢ tracks prices across all major regions to highlight these differences.

Forecasts depend on mining capacity, export policies, industrial demand, and macroeconomic factors. Price-Watchâ„¢ publishes detailed forecasts projecting price movements for the next 12 months based on supply additions, demand growth, seasonal patterns, and economic indicators. These forecasts help businesses anticipate market conditions and plan accordingly.

Yes. Accurate forecasts allow businesses to optimize purchasing, negotiate contracts, and manage inventories. If Price-Watchâ„¢ predicts a price increase in three months, companies might stock up now or lock in long-term contracts at current rates, potentially saving significant costs.

Events such as export restrictions, mining shutdowns, environmental regulations, or economic shocks can cause supply shortages and price volatility. Price-Watchâ„¢ provides timely alerts when such events affect the market.

Price-Watchâ„¢ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Its transparent methodology and comprehensive coverage make it a trusted source for understanding fair pricing and market trends in the Manganese 99.8% industry.