[Ferro-alloys.com] EMM price in China continued to fall last week as demand was weak and procurement was not active. In the manganese triangle area, mainstream ex-work price of manganese flake had dropped to RMB 12000-12200/mt (USD1935-1968/mt). In Huangpu Port, export price was USD2040-2080/mt.

According to latest data of the General Administration of Customs, China exported 16,375 mt of EMM (811100) in February 2014.This statistic included manganese metal and manganese metal products. Export amount decreased by 23% month-on-month and export value decreased by 36%. South Korea imported 3,963 mt and ranked the first. Other major importers were Japan 3,285mt, Netherlands 2,675 mt and India 2,170 mt.

As macro economy was running weak in China, steel market and EMM market might go downward this week.

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• [Editor:Mike.zhang]