Manganese Flake Market Report April 2015
2015-05-27 09:50:19 【Print】
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Chinese manganese flake 99.7% prices kept the downtrend in April, falling by RMB700/t (USD113/t) to RMB10,600-10,900/t (USD1,707-1,755/t) in the domestic market
. The decrease enlarged by 100% over March . Some large plants resumed production in early and middle of the month, which increased supply in the market . However, most end users continued to decrease purchases as a result of poorer market performance among downstream industries like 200 series stainless steel . Meanwhile, export prices of manganese flake 99 . 7%, manganese briquette 97% and manganese lump 96.5% followed to drop by USD100/t, USD90/t and USD90/t respectively to USD1,760-1,810/t, USD1,820-1,870/t and USD1,870-1,920/t FOB China in the month.