[Ferro-Alloys.com] This week, mainstream ex-work price of Chinese electrolytic manganese flake edged down to RMB11,600-11,800/mt. Although export price still fixed at USD1,950-2,000/mt from parts of traders. According to MB, the price of 99.7% electrolytic manganese flake will also be USD2,010-2,065/mt.
According to China's Customs Statistics, in Feb, 2015, China exported 31,488.033 tons of electrolytic manganese metals, amount of USD65,665,926, compared with the past month, it fell down. At the same time, we exported 7,398 tons products to Russia, increased by M-O-M, 6,479.838 tons to Korea, 4772.5 tons to Japan, and 3,351 tons to Netherlands.
In short, since many manufacturers were in loss, it is predicted that downtrend of electrolytic manganese flake in the near future would be very small, and some of them reduced the price to RMB50-100/mt. while for the limited demands for electrolytic manganese metals, the market situations still would be weak in recent times.
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