Manganese Flake Market Report December 2014

Chinese manganese flake prices showed downtrend in the first half of December, as the leading steel mills continued to decrease purchasing for manganese metals, while the operating rate climbed up to 50%. The prices dropped to the range of RMB11,750-12,050/t (USD1,887-1,935/t) in the middle of the month, but rebounded a bit by RMB50/t (USD8/t) to RMB11,800-12,100/t (USD1,895-1,943/t) in late December when some medium and small producers reduced or suspended production due to losses.Asian Metal Copyright The prices dropped to the range of RMB11,750-12,050t USD1,887-1,935t in the middle of the month, but rebounded a bit by RMB50t USD8t to RMB11,800-12,100t USD1,895-1,943t in late December when some medium and small producers reduced or suspended production due to losses.Asian Metal Copyright However, the demand from Chinese domestic end users remained inactive, and the export market also saw sporadic transactions with overseas consumers leaving the market for Christmas and New Year holidays.
.Asian Metal Copyright The prices dropped to the range of RMB11,750-12,050t USD1,887-1,935t in the middle of the month, but rebounded a bit by RMB50t USD8t to RMB11,800-12,100t USD1,895-1,943t in late December when some medium and small producers reduced or suspended production due to lossesAsian Metal Copyright