Manganese Flake Market Report Jul 2017

During the first half of July, the Chinese manganese market continued to witness a downward movement in its prices.Asian Metal Copyright .Asian Metal Copyright Despite tight spot supply in South China, prices from North China based plants hovered at a low level, thus helping drive down manganese flake prices in China. In mid-July, manganese flake prices in China remained stable temporarily at RMB10,000-10,100/t (USD1,501-1,516/t) D/P ex works and a few transactions were concluded at below RMB10,000/t (USD1,501/t) D/P ex works.Asian Metal Copyright It was expected that manganese flake prices will continue to rebound in the first ten days of August.Asian Metal Copyright Insiders held that prices for manganese flake had already hit the bottom line and some traders began to restock the material.Asian Metal Copyright In mid-July, manganese flake prices in China remained stable temporarily at RMB10,000-10,100t USD1,501-1,516t DP ex works and a few transactions were concluded at below RMB10,000t USD1,501t DP ex works.Asian Metal Copyright In late July, plants from South China began to raise their prices; though prices rose quite slowly at first, they began to move up more notably as North China based plants followed suit in late July.Asian Metal CopyrightDuring the first half of July, the Chinese manganese market continued to witness a downward movement in its prices.Asian Metal Copyright It was expected that manganese flake prices will continue to rebound in the first ten days of August.
.Asian Metal Copyright In late July, plants from South China began to raise their prices; though prices rose quite slowly at first, they began to move up more notably as North China based plants followed suit in late JulyAsian Metal Copyright