| Product | Region | Incoterm Basis | Price | Time Period |
|---|---|---|---|---|
| Manganese Sulfate | China | FOB | USD 1,128.73/MT | April 2026 |
| Manganese Sulfate | India | CIF | USD 1,178.73/MT | April 2026 |
| Manganese Sulfate | USA | CIF | USD 1,215.73/MT | April 2026 |
| Manganese Sulfate | Brazil | CIF | USD 1,249.73/MT | April 2026 |
| Manganese Sulfate | Canada | CIF | USD 1,218.73/MT | April 2026 |
| Manganese Sulfate | China | FOB | USD 1,078.63/MT | March 2026 |
| Manganese Sulfate | India | CIF | USD 1,133.63/MT | March 2026 |
| Manganese Sulfate | USA | CIF | USD 1,165.63/MT | March 2026 |
| Manganese Sulfate | Brazil | CIF | USD 1,176.63/MT | March 2026 |
| Manganese Sulfate | Canada | CIF | USD 1,168.63/MT | March 2026 |
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In the first quarter of 2024, the manganese sulfate market in China exhibited notable fluctuations driven by both production challenges and oscillating demand dynamics. In January, production of high-purity manganese sulfate decreased sharply by 24.07% to approximately 16,400 tons compared to the previous month.
Several manufacturers underwent maintenance shutdowns, impacting overall supply despite increased demand from precursor enterprises stocking up before the holiday season. This constrained production scenario continued into February, with a further decline to around 12,500 tons, as some production units remained cautious amid uncertain market demand post-holidays.
On the other hand, the downstream industries also showcased only modest levels of growth, fueling the skeptical outlook of the market. Initially, the holiday stocking activities raised the prices of salt, but even after the termination of the holiday season, the battery and agriculture sectors failed to depict any positive sentiments.
Overall, the manganese sulfate market in the first quarter of 2024 was characterized by production declines amidst cautious demand patterns influenced by seasonal factors and maintenance schedules. These dynamics contributed to price volatility and supply constraints, shaping market sentiments and traders’ actions across the manganese sulfate supply chain during this period.
Analyst Insight
According to Procurement Resource, the price trend of Manganese Sulfate is estimated to fluctuate under the influence of limited growth of downstream industries and a rise in the number of alternatives.
Procurement Resource provides latest prices of Manganese Sulfate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Manganese sulfate is an inorganic compound with a pale pink color and odorless crystalline structure. It is highly soluble in water and widely used in agriculture, animal feed, and various industrial applications. In agriculture, it is used to treat manganese deficiencies in soil, promoting healthy plant growth. In animal feed, it ensures proper bone development and metabolic function in livestock. Additionally, manganese sulfate is integral in manufacturing batteries, ceramics, and glass and as a precursor for other manganese compounds. Its use in water treatment helps remove contaminants, improving water quality. The compound's versatility and effectiveness in diverse applications make it a valuable industrial chemical.
MnSO4
Agriculture, Animal Feed, Battery Production, Textiles, Chemical Industry
Modasa Chemicals, Rech Chemical , Dalong Huicheng, Lantian Chemical Industrial
CurrencyUS$ (Data can also be provided in local currency)
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This study analyzes Manganese Sulfate Production by Chemical Reaction of Manganese Oxide with Sulfuric Acid, covering manufacturing, process flow, operating expenses, and financial considerations.
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