Manganese Flake Market Report February 2016

The Chinese manganese market saw softness in price as some small manganese plants in South China resumed production before the Spring Festival.Asian Metal Copyright Affected by the price reductions in the domestic market, the export price followed suit.Asian Metal Copyright But transactions were infrequent back then. So, the majority of manganese producers in China lowered their quotations after the holiday, driving down the concluding price in late February with a drop of RMB300/t (USD46.1/t) by the end of the month.Asian Metal Copyright .Asian Metal Copyright Affected by the price reductions in the domestic market, the export price followed suit.Asian Metal Copyright .Asian Metal Copyright As demand from steel plants remained poor and supply became abundant on higher operation rates, the price of Chinese manganese flake is expected to see further drops in March.
.Asian Metal Copyright So, the majority of manganese producers in China lowered their quotations after the holiday, driving down the concluding price in late February with a drop of RMB300t USD46Asian Metal Copyright