[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com,electrolytic manganese metal (EMM) market in China was stable after the National Day Holiday. In the manganese triangle area, mainstream ex-work price of manganese flake stayed at RMB12800-13000/mt (USD2065-2097/mt). In Huangpu Port, export price was USD2120-2160/mt FOB.
EMM market in Europe was also stable. According to the latest data of MB, warehouse price of 99.7% manganese flake in Rotterdam stayed at USD2300-2360/mt.
As its major material rude selenium was in shortage, production of SeO2 was affected and its price was still high. Mainstream ex-work price of 98% SeO2 stayed at RMB 275-280/kg (USD44-45/kg).
More EMM capacity was put into production recently and spot inventory continued to increase. Supported by high production cost, EMM market was predicted to be stable this week.
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- [Editor:Mike.zhang]
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