Manganese Ore and Alloy Market Report Jul 2020

1.Market Highlights

In early July, Chinese traders kept cutting manganese ore prices due to the weak downstream demand. Before mid-July, Chinese traders kept their prices firm due to the thin profit, but the market saw very few deals, the suppliers had to lower their prices to win more orders after mid-July.Asian Metal Copyright Before mid-July, the producers kept their prices firm due to the thin profit, but the market saw very few deals, the suppliers had to lower their prices to relieve the inventory pressure after mid-July.Asian Metal Copyright Therefore, the prices of manganese ore decreased this month.

In early July, silicomanganese producers faced large pressure as manganese ore prices kept falling and they therefore cut offers to test market. Before mid-July, the producers kept their prices firm due to the thin profit, but the market saw very few deals, the suppliers had to lower their prices to relieve the inventory pressure after mid-July.Asian Metal CopyrightMarket Highlights In early July, Chinese traders kept cutting manganese ore prices due to the weak downstream demand.Asian Metal Copyright By the end of the month,the prices went down.

The prices for ferromanganese went down in early July due to the weak downstream demand. After mid-July, the prices remained stable as suppliers mainly made shipments for steel mills' long-term contracts, the suppliers held their prices firm due to the thin profit.Asian Metal Copyright At the end of July, the prices of silicomanganese went down.Asian Metal Copyright In July, the prices of ferromanganese went down.

In early July, the overseas market of silicomanganese saw few transactions due to COVID-19 pandemic, so the prices went down. In mid-July, the suppliers held their prices firm.Asian Metal Copyright In July, the prices for ferromanganese 78%min from overseas went down in July.Asian Metal Copyright At the end of July, the prices of silicomanganese went down.Asian Metal Copyright In mid-July, the suppliers held their prices firm.Asian Metal Copyright The prices of ferromanganese 78%min remained stable in early July as the suppliers held their prices firm.Asian Metal Copyright1.Asian Metal Copyright After mid-July, the prices began to decline due to the sporadic transactions.Asian Metal Copyright In July, the prices for ferromanganese 78%min from overseas went down in July.Asian Metal Copyright In July, the prices for ferromanganese 78%min from overseas went down in July.
.Asian Metal Copyright Before mid-July, the producers kept their prices firm due to the thin profit, but the market saw very few deals, the suppliers had to lower their prices to relieve the inventory pressure after mid-July.Asian Metal Copyright