Prediction
Downturn LME Ni Price might Pull down the Ferronickel Price-China (Jan.6th-Jan. 10th)
Oversea Miners High Future Quotation Increases Chinese Traders pressure (Jan 06th – Jan 10th )
[Ferro-Alloys.com] This week, slowing demand and tight capital flow make manganese ore spot market price keep tumbling. Currently, Mn46 lumps tumbled at RMB39.5-40.5/mtu and RMB38.5-39.5/mt for Mn48 sands. South African Mn38 lumps dipped to around RMB34-34.5/m... |
Chinese Mn Alloys Maintained Poor Performance (Jan 06th – Jan 10th )
[Ferro-Alloys.com] At present, 6517 is quoted at RMB6,800-7,000/mt while RMB6,000-6,100/mt for 6014. High carbon ferromanganese 65 is concentrated on RMB6,100-6,200/mt. Medium carbon ferromanganese 78C1.5 is priced at RMB9,100-9,200/mt while RMB8,600/mt for 78... |
Ferroalloy Exports Much Affected by RMB Appreciation in 2014
The past year of 2013 was defined as a year of Chinese currency keeping appreciating against the US dollar |
High Export Tariff Markedly Slashed Exports of Chinese Ferroalloys Over Recent Years
Over the recent years high export tariff of 20-25% on ferroalloys by the Chinese government had deprived price competitiveness of Chinese ferroalloys |
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