China EMM Market Remained Stable (Feb.2nd –Feb.6th)

  • Monday, February 9, 2015
  • Source:ferro-alloys.com

  • Keywords:Mn metal, Manganese metal, EMM, electrolytic manganese,SeO2
[Fellow]As comprehensive cost for most manufacturers was above RMB11900/mt, they were reluctant to sell at lower price. T

[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com,electrolytic manganese metal (EMM) market was stable last week in China. In the manganese triangle area, mainstream ex-work price of manganese flake stayed at RMB11900-12100/mt (USD1919-1952/mt). In Huangpu Port, export price was adjusted to USD2000-2040/mt FOB.

As comprehensive cost for most manufacturers was above RMB11900/mt, they were reluctant to sell at lower price. There was not much transaction as Spring Festival approached.

Selenium dioxide (SeO2) market was still hot. Mainstream ex-work price of 98% SeO2 stayed around RMB 235/kg. The main use of selenium dioxide was still in EMM industry at present.

Current price dropped by RMB700/mt year-on-year and many manufacturers were in loss. Market price nearly touched bottom and it was likely to keep stable supported by rigid cost.

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  • [Editor:Mike.zhang]

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