Manganese Market Report November 2011
2011-12-16 16:02:23 【Print】
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Manganese flake demand kept weakening in November, and the consumption of manganese flake was decreasing, which pushed down the manganese flake price directly. Manganese flake price dropped to about RMB15,700/t (USD2,299/t) ex works from about RMB17,500/t (USD2,624/t) ex works, and touched the lowest point in 2011
. For most small-sized smelters, the manganese flake price was lower than the production cost . Some smelters had to halt production or cut output, and the operating rate of manganese flake smelters was about 40-50% .