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Chinese EMM Market Went Downward Slightly Again

  • Saturday, December 14, 2013
  • Source:ferro-alloys

  • Keywords:Mn
[Fellow]Most orders were futures at present and market was under pressure of another drop because of insufficient demand.

[Ferro-alloys.com] Chinese EMM market went downward slightly again recently and mainstream ex-work price of Mn 99.7% manganese flake dropped to around RMB 11900/mt (USD1919/mt). Downstream demand was still weak and no good news came, so elevation of manufacturers could not last. They were more cautious at production and little inventory was prepared. Most orders were futures at present and market was under pressure of another drop because of insufficient demand.

 

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