Manganese Flake Market Report April 2016

In early April, prices for Chinese manganese flake were relatively stable and they fell back around April 10.Asian Metal CopyrightIn early April, prices for Chinese manganese flake were relatively stable and they fell back around April 10.Asian Metal Copyright The supply increased in China with some manganese producers witnessing increasing stocks and market participants continued to hold a further negative attitude; as a result, consumers were cautious about purchasing with the market seeing fewer transactions.Asian Metal Copyright Therefore, prices for Chinese manganese flake are predicted to be at RMB9,500-9,800t USD1,457-1,503t while export prices will sit at USD1,480-1,530t in May.Asian Metal Copyright In May, it is predicted that the domestic operation rate will persist in improving slightly with the steady demand in China and prices will still be under downward pressure but the price decrease will be slow supported by the production cost of domestic producers. Therefore, prices for Chinese manganese flake are predicted to be at RMB9,500-9,800/t (USD1,457-1,503/t) while export prices will sit at USD1,480-1,530/t in May.

.Asian Metal CopyrightIn early April, prices for Chinese manganese flake were relatively stable and they fell back around April 10Asian Metal Copyright