What factors affect the price of manganese?

Manganese ore and alloy prices are determined on the spot market. This is because neither commodities are listed on commodity exchange or stock markets. However, links to iron ore and steel (both traded on futures markets) have implications for pricing and price trends for manganese ore and its products. read more

Figure 3 shows that the strong long term correlation between manganese alloy prices and steel, is not as strong over shorter time horizon especially in the post-2004 period. Whereas both iron ore and steel prices exhibit an upward trend, manganese prices have greater downside risk, and exhibit greater volatility. read more

Price elasticity, or people’s sensitivity to price changes, affects the demand for products. Think about a pair of sweatpants with an elastic waist. You can stretch an elastic waistband like the one in sweatpants, but it’s much more difficult to stretch the waistband of a pair of dress slacks. read more