Platts clarifies manganese ore assessment trading term

Platts has issued a clarification to the specification and description for the manganese ore assessment which launched on January 3.

The assessment should be Manganese Ore CIF China and the specification is on a cost, insurance, freight (CIF) basis North China and not a CFR (cost & freight) basis as previously advised and published. Assessment codes AAWER00, AAWER04 and AAWER03 are amended accordingly.

All other specifications and terms remain unchanged, and there is no change to the price history.

Please address any questions, comments or concerns to francis_browne@platts.com, tel; +44 27176 6239 and copy the pricegroup@platts.com.