Manganese Flake Market Report May 2016
2016-06-20 08:38:44 【Print】
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Chinese manganese flake market saw stable production and demand in May compared with those in April
. Supply in the spot market was not tight, but most smelters reported low levels of stocks and the market competition was far from fierce, thus, the prices also managed to move horizontally throughout the month and are likely to remain firm until late June, when potential increase of spot supply put pressure on the prices and drive them down . During May, impacted by the stable prices in the domestic market, prices for manganese flake in the export market also leveled off . However, foreign customers rarely bought any material as they generally expected the prices to go down . Now that the prices continue to be stable, European traders are likely to start making replenishments, which might bring about more activities in the export market for Chinese manganese flake.