According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 21061 mt in Jun 2014, down by 5.8% M-O-M and up by 23.7% Y-O-Y.

EMM market in China was generally stable last week. In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB 12500-12700/mt (USD2016-2048/mt).

Yingli Green Energy Holding Co. (YGE) led a weekly decline among the most-traded Chinese solar manufacturers in New York on concern their profits will be hurt as the U.S. seeks to curb imports.

China's securities watchdog has approved the listing of ferroalloy futures on the Zhengzhou Commodity Exchange (ZCE) in Henan Province.

At the end of July, the nickel ores trading was still not optimistic as the buyers in Chinese market tried to pressure the price while the sellers held the price for rise.

In recent two months, the high FeNi operating rates was low and meanwhile many producers held the stock. However, the total supply in Chinese market was still high, and the main reason was that many steel mills cut down the purchasing volume.

In Aug., the FeCr benchmark price was further cut down by RMB50/mt for large supply. And the suppliers had already reduced their ex-works price.

This week both the spot and futures of Cr ores kept stable and the stock at Chinese main ports maintained low level. Affected by the high FeCr operating rate in North areas,