[Ferro-alloys.com]According to the investigation of www.ferro-alloys.com, electrolytic manganese metal (EMM) market in China went downward recently. In the manganese triangle area, mainstream ex-work price of manganese flake decreased to RMB 12700-12900/mt (USD2048-2081/mt), down about RMB 100/mt.
As more EMM capacity was released recently, spot supply was abundant. Manufacturers were forced to lower offers under inventory pressure. Supported by high cost, EMM market was predicted to stabilize at this price.
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- [Editor:Mike.zhang]
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