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China EMM Market Maintained Weak Condition (Nov.24th –Nov.28th)

  • Monday, December 1, 2014
  • Source:ferro-alloys.com

  • Keywords:Mn metal, Manganese metal, EMM, electrolytic manganese,SeO2
[Fellow]In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB12400-12600/mt (USD2000-2032/mt). Market confidence

[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com,electrolytic manganese metal (EMM) market in China was still weak last week. In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB12400-12600/mt (USD2000-2032/mt). Market confidence was insufficient and many deals were made at RMB12300/mt actually. In Huangpu Port, export price dropped to USD2070-2110/mt FOB.

Selenium dioxide (SeO2) market went downward last week. Mainstream ex-work price of 98% SeO2 dropped from RMB 245-255/kg to around RMB 235/kg. The main use of selenium dioxide was still in EMM industry at present.

Some new capacity was put into production recently and several new projects would be completed soon. Spot supply increased gradually. Oversupply would be more severe and EMM market was faced with more downward pressure.

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  • [Editor:Mike.zhang]

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