Chinese manganese alloy and ore market report Sep 2011
2011-10-28 14:41:38 【Print】
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Chinese manganese alloys market keeps firm this month. Power rationing has been carried out in more areas like Yunnan, Shanxi and Henan, and the operation rate keeps at a low level. Spot material supply remains sort of tight and the procurement prices have also increased. While demand for imported manganese ore remains sluggish due to a low operation rate in downstream market. The price has declined further slightly and some traders have to sell the materials at lower prices in order to withdraw money. The international manganese alloys market keeps generally stable but the demand remains sluggish and it is hard for the market to rebound.
