Huaan Securities(SH:600909) Zhong Tai Qi Huo·2025-08-10 07:26Report Summary 1) Report Industry Investment Rating - No information provided 2) Core View of the Report - The report presents the weekly inventory data of manganese ore at Tianjin Port (Tianjin Zhenhong's statistics), including inventory, outbound, inbound, and changes for different origins such as Gabon, Australia, South Africa, Ghana, and others [1] 3) Summary by Relevant Catalog Overall Manganese Ore at Tianjin Port - This week's total inventory is 504,037 tons, last week's was 581,284 tons, outbound was 77,247 tons, inbound was 3,503,458 tons, and the change was an increase of 3,426,211 tons [1] By Origin - Gabon: Inventory this week is 379,900 tons, last week was 458,326 tons, outbound was 78,426 tons, inbound was 0 tons, a decrease of 78,426 tons, and the inventory proportion is 10.84% [1] - Australia: Inventory this week is 84,140 tons, last week was 189,034 tons, outbound was 147,194 tons, inbound was 42,300 tons, a decrease of 41,840 tons, and the inventory proportion is 5.40% [1] - South Africa: Inventory this week is 2,435,949 tons, last week was 1,937,05 tons, outbound was 301,244 tons, inbound was 47,133 tons, and the inventory proportion is 69.53% [1] - Ghana: Inventory this week is 38,200 tons, last week was 120,000 tons, outbound was 182,700 tons, inbound was 100,900 tons, an increase of 81,800 tons, and the inventory proportion is 5.21% [1] - Others: Inventory this week is 315,875 tons, last week was 330,975 tons, outbound was 151,406 tons, inbound was 75,900 tons, a decrease of 15,100 tons, and the inventory proportion is 9.02% [1]