Monday, June 21, 2010

Manganese flake price goes steady in China

After moving down constantly in the past weeks, the manganese flake price goes steady since early week.Asian Metal Copyright He has been out of production by now for the environment protection and the low demand from domestic and foreign markets.Asian Metal Copyright Meanwhile, before the rising powder price will be settled in the near future, many manganese smelters halted production, and few smelters are about to raise the offer a little, but stainless steel purchasers are still inactive to buy for the pressure of the real estate.Asian Metal Copyright The source still holds an order of manganese flake which be delivered in the near future, offering USD2,750t FOB China, USD2,850t FOB China and USD 2,900t FOB China for manganese flake 99.Asian Metal Copyright

 

A source from a manganese flake smelter in Hunan province, with an output of about 500tpm, confirmed to Asian Metal that the manganese flake price goes stable at about RMB14,300/t (USD2,094/t) ex works after moving down greatly in the past weeks.Asian Metal Copyright1kWh in the near future.Asian Metal Copyright He has been out of production by now for the environment protection and the low demand from domestic and foreign markets.Asian Metal Copyright Meanwhile, before the rising powder price will be settled in the near future, many manganese smelters halted production, and few smelters are about to raise the offer a little, but stainless steel purchasers are still inactive to buy for the pressure of the real estate.Asian Metal Copyright

 

Since the last export deals of 25t of manganese flake at USD2,800/t CIF Rotterdam last May, the source does not offer, for no inquiries from overseas market are received.Asian Metal Copyright The source still holds an order of manganese flake which be delivered in the near future, offering USD2,750t FOB China, USD2,850t FOB China and USD 2,900t FOB China for manganese flake 99.Asian Metal Copyright However, he is negotiating with some foreign customers about an order of manganese briquette, offering about USD2,350/t CIF Rotterdam.Asian Metal Copyright1kWh in the near future.Asian Metal Copyright

 

Putting the manganese flake offer at RMB14,300-14,400/t (USD2,094-2,108/t) ex works at the moment, another manganese trader in Hunan province revealed to Asian Metal that the powder price will be raised by about RMB0.Asian Metal CopyrightBEIJING Asian Metal 11 Jun 10 - After moving down constantly in the past weeks, the manganese flake price goes steady since early week.Asian Metal Copyright1/kWh in the near future.Asian Metal Copyright Since the last export deals of 25t of manganese flake at USD2,800t CIF Rotterdam last May, the source does not offer, for no inquiries from overseas market are received.Asian Metal Copyright "The manganese price goes stable these two days, but if the final powder price will be settled, smelters are about to increase the manganese offer," said the source.Asian Metal Copyright Putting the manganese flake offer at RMB14,300-14,400t USD2,094-2,108t ex works at the moment, another manganese trader in Hunan province revealed to Asian Metal that the powder price will be raised by about RMB0.Asian Metal Copyright

 

The source still holds an order of manganese flake which be delivered in the near future, offering USD2,750/t FOB China, USD2,850/t FOB China and USD 2,900/t FOB China for manganese flake 99.Asian Metal Copyright The source still holds an order of manganese flake which be delivered in the near future, offering USD2,750t FOB China, USD2,850t FOB China and USD 2,900t FOB China for manganese flake 99.Asian Metal Copyright7%min, manganese lump 95%min and 97%min respectively.Asian Metal Copyright1kWh in the near future.Asian Metal Copyright

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