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Chinese EMM Market Remains at Low Level

  • Friday, April 3, 2015
  • Source:ferro-alloys.com

  • Keywords:EMM Electrolytic Manganese Flake
[Fellow][Ferro-Alloys.com]In recent period, Chinese electrolytic manganese flake remains at low level, and mainstream price was pushed down to RMB11,500/mt.

[Ferro-Alloys.com]In recent period, Chinese electrolytic manganese flake remains at low level, and mainstream price was pushed down to RMB11,500/mt. What’s more, those with stock pressure already lowered price to RMB11,400/mt though large scale factories tend to hold price steady at RMB11,600/mt. Given weak demand, it seems that Chinese participants still lack of confidence on future market.

As for international market, price of electrolytic manganese flake 99.7% contracted to USD2,010-2,050/mt from USD2,010-2,065/mt according to data from MB. In China, some traders also put export price drop to USD1,800-1,900/mt FOB.

 

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  • [Editor:Sophie]

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