Manganese Flake Market Report Apr 2017

During April in the Chinese manganese flake market, prices moved down slightly in the first half of the month, and gradually stabilized in mid-to-late April.Asian Metal CopyrightDuring April in the Chinese manganese flake market, prices moved down slightly in the first half of the month, and gradually stabilized in mid-to-late April.Asian Metal Copyright But as the environmental inspection group from central government came to Hunan and Guizhou on April 24 and was expected to stay there for one month, Chinese producers of manganese flake largely entertained a strong sentiment of keeping their prices firm, leading to gradually rising quotations for the material.Asian Metal Copyright But whether prices could rise substantially indeed depends upon downstream demand, and as environmental inspections have affected demand of downstream steel mills, market players anticipated that demand for manganese flake will not pick up notably in May and its prices rise only within a limited range then.Asian Metal Copyright In late April, nearly all producers in Hunan suspended production, while there would be more producers in Guizhou expectedly to shut down in early May, an event which may prop up manganese flake prices.Asian Metal Copyright In late April, nearly all producers in Hunan suspended production, while there would be more producers in Guizhou expectedly to shut down in early May, an event which may prop up manganese flake prices.Asian Metal Copyright But whether prices could rise substantially indeed depends upon downstream demand, and as environmental inspections have affected demand of downstream steel mills, market players anticipated that demand for manganese flake will not pick up notably in May and its prices rise only within a limited range then.
.Asian Metal Copyright But as the environmental inspection group from central government came to Hunan and Guizhou on April 24 and was expected to stay there for one month, Chinese producers of manganese flake largely entertained a strong sentiment of keeping their prices firm, leading to gradually rising quotations for the materialAsian Metal Copyright