天津港锰矿库存周报（天津振鸿口径）-20250718

Report Summary 1) Report Industry Investment Rating - No investment rating information is provided in the report. 2) Core View - The report presents the weekly inventory data of manganese ore at Tianjin Port as of July 18, 2025, including details of inventory, outbound, inbound, and changes for different origins such as Gabon, Australia, South Africa, Ghana, and others [1]. 3) Summary by Related Catalog - Overall Inventory Data: The total inventory of manganese ore at Tianjin Port this week is 3,437,658 tons, a decrease of 111,081 tons compared to last week. The total outbound volume is 406,823 tons, and the total inbound volume is 295,743 tons [1]. - Inventory by Origin: - Gabon: The inventory is 268,412 tons, a decrease of 52,280 tons, accounting for 6.50% of the total inventory [1]. - Australia: The inventory is 107,440 tons, an increase of 18,744 tons, accounting for 3.23% of the total inventory [1]. - South Africa: The inventory is 2,495,357 tons, a decrease of 115,993 tons, accounting for 75.01% of the total inventory [1]. - Ghana: The inventory is -30,702 tons (indicating a net decrease), with an outbound volume of 128,700 tons and an inbound volume of 159,402 tons, accounting for 3.87% of the total inventory [1]. - Other Origins: The inventory is 378,948 tons, an increase of 69,150 tons, accounting for 11.39% of the total inventory [1].