The demand for manganese flake decreases in China

With the manganese flake price decreasing, sources reported to Asian Metal that most consumers are more hesitant to replenish stock, and the demand for manganese flake decreases in China.Asian Metal CopyrightBEIJING Asian Metal 14 May 10 - With the manganese flake price decreasing, sources reported to Asian Metal that most consumers are more hesitant to replenish stock, and the demand for manganese flake decreases in China.Asian Metal Copyright At the same time, most participants think the manganese price will continue to move down, and feel pessimistic about the market.Asian Metal CopyrightBEIJING Asian Metal 14 May 10 - With the manganese flake price decreasing, sources reported to Asian Metal that most consumers are more hesitant to replenish stock, and the demand for manganese flake decreases in China.Asian Metal Copyright

 

A Hubei-based manganese flake smelter, with an output of about 5,400tpm, revealed to Asian Metal that current manganese flake price is about RMB15,300/t (USD2,240/t) ex works, and he does not make any deals this week and is fulfilling some orders signed late last month.Asian Metal Copyright A Hubei-based manganese flake smelter, with an output of about 5,400tpm, revealed to Asian Metal that current manganese flake price is about RMB15,300t USD2,240t ex works, and he does not make any deals this week and is fulfilling some orders signed late last month.Asian Metal Copyright "The demand from downstream consumers is decreasing, and I think the price will drop to about RMB15,000/t (USD2,196/t) ex works in the coming days," said the source.Asian Metal CopyrightBEIJING Asian Metal 14 May 10 - With the manganese flake price decreasing, sources reported to Asian Metal that most consumers are more hesitant to replenish stock, and the demand for manganese flake decreases in China.Asian Metal Copyright

 

Meantime, the source is fulfilling some orders of over 1,000t of manganese briquette singed early this month, offering USD2,450/t FOB for now.Asian Metal Copyright The source is just fulfilling some orders of manganese briquette signed before, offering USD2,450t FOB, and no new deals are concluded.Asian Metal Copyright He also made a deal of about 200t of manganese flake at USD2,900/t FOB last week, and added that foreign customer are unwilling to accept the current price for now with the Chinese manganese price decreasing.Asian Metal Copyright The source is just fulfilling some orders of manganese briquette signed before, offering USD2,450t FOB, and no new deals are concluded.Asian Metal Copyright

 

A manganese flake buyer in Hunan province, with an output of about 1,000tpm of manganese briquette, told Asian Metal that manganese flake price is about RMB15,300/t (USD2,240/t) ex works, and for she does not sign any orders these days, she has no intention of replenishing stock for now.Asian Metal Copyright Meantime, the source is fulfilling some orders of over 1,000t of manganese briquette singed early this month, offering USD2,450t FOB for now.Asian Metal Copyright Although the rainy season is coming and the supply of manganese ore remains tight for now, there is still room for the manganese flake price to drop in the coming days, claimed the source.Asian Metal Copyright "The demand from downstream consumers is decreasing, and I think the price will drop to about RMB15,000t USD2,196t ex works in the coming days," said the source.Asian Metal Copyright

 

The source is just fulfilling some orders of manganese briquette signed before, offering USD2,450/t FOB, and no new deals are concluded.Asian Metal Copyright A manganese flake buyer in Hunan province, with an output of about 1,000tpm of manganese briquette, told Asian Metal that manganese flake price is about RMB15,300t USD2,240t ex works, and for she does not sign any orders these days, she has no intention of replenishing stock for now.Asian Metal Copyright With the offer of about USD3,050/t FOB for manganese ingot 97%min, the source said just few inquiries are received.Asian Metal CopyrightBEIJING Asian Metal 14 May 10 - With the manganese flake price decreasing, sources reported to Asian Metal that most consumers are more hesitant to replenish stock, and the demand for manganese flake decreases in China.