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Chinese Shagang Group Plans to Trim April EMM Purchase

Friday, March 27, 2015
Source:ferro-alloys.com

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Keywords:EMM Electrolytic Manganese Flake

[Fellow][Ferro-Alloys.com]It is reported that Shagang Group already unveiled April purchase plan on ferroalloys, among of this, the group planned to trim electrolytic manganese flake to 2,500 tons from 3,500 ton for March.

[Ferro-Alloys.com]It is reported that Shagang Group already unveiled April purchase plan on ferroalloys, among of this, the group planned to trim electrolytic manganese flake to 2,500 tons from 3,500 ton for March.

At Present, mainstream prices of electrolytic manganese flake in China are lingering about RMB11,600-11,700/mt. In fact, given depressing market performance, some participants already gave up offer price. While, on the other hand, continued fluctuation in the price of electrolytic manganese flake make Chinese traders slow down purchase plan.

In general, Chinese electrolytic manganese flake market put into standstill in the near future amid soften demand.

[Editor:Sophie]

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