Chinese Electrolytic Manganese to Keep Leveling off(Jul 27th–Jul 31st)

  • Monday, August 3, 2015
  • Source:ferro-alloys.com

  • Keywords:EMM Electrolytic Manganese
[Fellow][Ferro-Alloys.com]Price of electrolytic manganese as of late July Showed signs of leveling off amid increasing number of EMM producers in main production areas of China cut output or shut down factories temporarily.

[Ferro-Alloys.com]Price of electrolytic manganese as of late July Showed signs of leveling off amid increasing number of EMM producers in main production areas of China cut output or shut down factories temporarily.

In this week, electrolytic manganese flake was quoted at RMB9,700-9,800/mt in Hunan, Chongqin, Guangxi and Guizhou places, while in Ningxia, large plant in local area put price at RMB10,000/mt. As for export market, price of electrolytic manganese flake contracted to USD1,600-1,650/mt FOB, while USD1,670-1,680/mt FOB for manganese briquette, and manganese ingot price was quoted at USD1,700-1,710/mt FOB As of selenium dioxide, the price also dropped to 115/kg in late July from 150/kg in late June thanks to weakened demand of electrolytic manganese.

Despite electrolytic manganese producers attempt to hold price firm, given slack season for stainless steel market during July and August, cut-throat competition would likely to further push down sale in the future, so the move of electrolytic manganese in August would be hard to keep in good shape.

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  • [Editor:Sophie]

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