Manganese Flake Market Report May 2017

The Chinese manganese flake prices kept the upward trend during the first half of May.Asian Metal CopyrightThe Chinese manganese flake prices kept the upward trend during the first half of May.Asian Metal Copyright However, as downstream demand was quite sluggish, market transactions become less compared with those seen before the production suspension from producers in Hunan and Guizhou.Asian Metal Copyright As the market demand is unlikely to see an improvement and the operating rate will rise in early June with the environmental protection inspection coming to an end in late May, insiders are bearish about the manganese flake market outlook in June.Asian Metal Copyright As a result, some producers and traders started to undersell the material around mid-May, causing its prices to slide. At the end of the month, prices for the material recorded a decline of around RMB1,200/t (USD176/t) on the whole.Asian Metal CopyrightThe Chinese manganese flake prices kept the upward trend during the first half of May.Asian Metal Copyright As the market demand is unlikely to see an improvement and the operating rate will rise in early June with the environmental protection inspection coming to an end in late May, insiders are bearish about the manganese flake market outlook in June.
.Asian Metal Copyright At the end of the month, prices for the material recorded a decline of around RMB1,200t USD176t on the wholeAsian Metal Copyright