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Print[Ferro-Alloys.com] China electrolytic manganese market kept slack in early November. And its price became stable. The current ex-work price for 99.7% electrolytic manganese flake decreased to RMB12,400-12,500/mt (USD2,525-2,575/mt), and its export price had decreased by USD25/mt。
According to insiders, the demand from downstream sectors for the 200 series stainless steel had no obvious change. Manganese export enterprises made rare deals because of the continuous smuggling, thus market players gained more pressures from it. Since the problem of over supply could not be solved in a short time, it is predicted that manganese market might keep sluggish in future.
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