BEIJING (Asian Metal) 24 Dec 08- Manganese flakes market is quiet this week at the back of poor demand, due to the fact that most market participants have gone on Christmas and New Year holidays. However, offers are still firming and at the moment in the range of USD2, 750-2,900/t in warehouse Rotterdam for manganese flakes.
A market participant in Europe though did not make any sales this week; said manganese metal price is firming despite the quiet market and no deal. He said offers now is around USD2, 750/t in warehouse Rotterdam for flakes and said materials are available in Europe, but with actual situation of things will be known in January when people are back from holidays.
Another participant in Europe said there is nothing new on manganese metal market, enquiries are few and market generally is slow at the moment. He said manganese flakes price is firming at the back of offers from China and at the moment around USD2, 900/t in warehouse Rotterdam.
AA third participant in Europe also confirmed manganese flakes price is increasing and that at the moment the market is silent, due to Christmas and New Year holidays. He said consumers are paying around USD3, 000/t d.d.p. for manganese flakes, but demand is very scanty and everyone is waiting for the market to reopen January.
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