Manganese Flake Market Report July 2015
2015-10-14 10:24:08 【Print】
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Chinese domestic manganese flake prices plummeted in the first 10 days of July but gradually leveled off for the rest of the month
. The traditional summer break starting from this month has aggravated the already sluggish market, which bore great downward pressure as the demand from domestic steel mills continued to be poor . Whilst in the export market, impacted by the oversupply in the domestic market and the weak demand from foreign customers, prices for manganese flake, manganese lump and manganese briquette all dropped significantly, which only started to calm down at the end of the month . With more foreign purchasers leaving the market for holiday in August, it is expected that Chinese manganese flake demand will weaken further and the prices will continue to drop.