Manganese Ore and Alloy Market Report Oct 2020
2020-11-11 08:50:48 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1.Market Highlights
In early October, Chinese traders kept manganese ore prices firm in spite of the weak downstream demand. After mid-October, as the market saw very few deals, the suppliers had to lower their prices to win more orders. Therefore, the prices of manganese ore decreased this month.
In early October, silicomanganese producers cut their prices as the market saw very few deals, and then the suppliers held the prices firm at the end of the month. Therefore, the prices went down from last month. This month, the operating rate of silicomanganese 60/14 still remained low, the suppliers held their offers firm due to the tight supply, but the downstream demand remained weak, so the suppliers held the prices firm. The prices remained unchanged this month.
The prices of HC ferromanganese went down in early October due to the dim demand. After mid-October, the suppliers held their prices due to the low profit. By the end of the month, the prices went down. The prices of MC ferromanganese went down in October due to the weak demand. And then the prices remained stable after mid-October as suppliers held the prices firm due to the thin profit. By the end of the month, the prices went down from last month.
In early October, the suppliers held their prices firm. At the end of the month, the prices of silicomanganese went down as the suppliers cut the prices. The prices of ferromanganese 78%min went down this month as the suppliers cut their prices to win more orders.
In early October, Chinese traders kept manganese ore prices firm in spite of the weak downstream demand. After mid-October, as the market saw very few deals, the suppliers had to lower their prices to win more orders. Therefore, the prices of manganese ore decreased this month.
In early October, silicomanganese producers cut their prices as the market saw very few deals, and then the suppliers held the prices firm at the end of the month. Therefore, the prices went down from last month. This month, the operating rate of silicomanganese 60/14 still remained low, the suppliers held their offers firm due to the tight supply, but the downstream demand remained weak, so the suppliers held the prices firm. The prices remained unchanged this month.
The prices of HC ferromanganese went down in early October due to the dim demand. After mid-October, the suppliers held their prices due to the low profit. By the end of the month, the prices went down. The prices of MC ferromanganese went down in October due to the weak demand. And then the prices remained stable after mid-October as suppliers held the prices firm due to the thin profit. By the end of the month, the prices went down from last month.
In early October, the suppliers held their prices firm. At the end of the month, the prices of silicomanganese went down as the suppliers cut the prices. The prices of ferromanganese 78%min went down this month as the suppliers cut their prices to win more orders.
