Manganese Ore and Alloy Market Report Aug 2020
2020-09-11 08:54:38 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1.Market Highlights
In early August, Chinese traders kept manganese ore prices firm in spite of the weak downstream demand. Before mid-August, Chinese traders lifted their prices 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-August. Therefore, the prices of manganese ore increased this month.
In early August, silicomanganese producers faced large inventory pressure as most clients preferred to watch the market and they therefore cut offers to test market. Before mid-August, the producers lifted their prices and held back from selling due to the bullish outlook, but the market saw very few deals, the suppliers had to lower their prices to win more orders at the end of the month. Therefore, the prices unchanged from last month.
The prices of HC ferromanganese went down in early August due to the weak downstream demand. Before mid-August, the suppliers lifted their prices and held back from selling due to the bullish outlook. After mid-August, the suppliers held their prices firm due to the thin profit. The prices of MC ferromanganese went up in August as the suppliers lifted their prices and held back from selling due to the bullish outlook. And then the prices remained stable after mid-August as suppliers held the prices firm due to the thin profit.
In early August, the suppliers held their prices firm. At the end of August, the prices of silicomanganese went up as the suppliers lifted the prices. The prices of ferromanganese 78%min remained stable in August as the suppliers held their prices firm.
In early August, Chinese traders kept manganese ore prices firm in spite of the weak downstream demand. Before mid-August, Chinese traders lifted their prices 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-August. Therefore, the prices of manganese ore increased this month.
In early August, silicomanganese producers faced large inventory pressure as most clients preferred to watch the market and they therefore cut offers to test market. Before mid-August, the producers lifted their prices and held back from selling due to the bullish outlook, but the market saw very few deals, the suppliers had to lower their prices to win more orders at the end of the month. Therefore, the prices unchanged from last month.
The prices of HC ferromanganese went down in early August due to the weak downstream demand. Before mid-August, the suppliers lifted their prices and held back from selling due to the bullish outlook. After mid-August, the suppliers held their prices firm due to the thin profit. The prices of MC ferromanganese went up in August as the suppliers lifted their prices and held back from selling due to the bullish outlook. And then the prices remained stable after mid-August as suppliers held the prices firm due to the thin profit.
In early August, the suppliers held their prices firm. At the end of August, the prices of silicomanganese went up as the suppliers lifted the prices. The prices of ferromanganese 78%min remained stable in August as the suppliers held their prices firm.
