Manganese Flake Market Report January 2016
2016-02-05 11:49:05 【Print】
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Manganese flake stocks in China continued to stay at low levels as Chinese producers have been maintaining low operating rate since mid-October 2015. Chinese manganese flake prices witnessed a sharp increase of RMB900/t (USD136.8/t) during January, which was much higher than the price rise of RMB400/t (USD60.8/t) in December, 2016
. The FOB prices for Chinese manganese flake, manganese lump and other manganese products also moved up substantially due to the remarkable price rise in domestic market . The transaction volume in domestic and export markets picked up slightly compared with that in Q4 of last year because of the replenishment at the end of the year.