Manganese flake price rebounds in China

It is reported that as the powder price rises in Hunan, Sichuan, and Guangxi province, and most smelters have been out of production, manganese flake price rebounds slowly in Chinese market.Asian Metal Copyright12kWh in Hunan, and it also increased up by RMB0.Asian Metal Copyright Some smelters who still hold stocks at hand are holding back from selling and waiting for the market to be clear.Asian Metal Copyright05kWh in Guangxi.Asian Metal Copyright

 

With a monthly output of 600t in Hunan and Guangxi respectively, a source from manganese smelter revealed that currently, the manganese flake price rebounds to about RMB14,600/t (USD2,138/t) ex works, from RMB14,400/t (USD2,108/t) ex works of early this week, and he has been out of production for the environment protection.Asian Metal Copyright12kWh in Hunan, and it also increased up by RMB0.Asian Metal Copyright "I only have one factory operating in Guangxi now with an output of around 600tpm, and am unwilling to sign any order at current price for the high production cost," shared the source, still holding stocks on hand.Asian Metal Copyright Another source from manganese flake smelter in Chongqing, who has decreased the output to 800tpm from 1,500tpm, told Asian Metal that the manganese flake price climbs up slowly to RMB14,500-14,600t USD2,123-2,138t ex works, up by about RMB200t USD29t against that of early this week, but the consumers are still inactive to buy now.Asian Metal Copyright

 

Since he last made an export deal of 204t with a Japanese customer at USD2,820/t FOB China on May 25, the source has not signed any new order yet so far, offering USD2,750-2,780/t FOB China for manganese flake.Asian Metal Copyright Since he last made an export deal of 204t with a Japanese customer at USD2,820t FOB China on May 25, the source has not signed any new order yet so far, offering USD2,750-2,780t FOB China for manganese flake.Asian Metal Copyright

 

Another source from manganese flake smelter in Chongqing, who has decreased the output to 800tpm from 1,500tpm, told Asian Metal that the manganese flake price climbs up slowly to RMB14,500-14,600/t (USD2,123-2,138/t) ex works, up by about RMB200/t (USD29/t) against that of early this week, but the consumers are still inactive to buy now.Asian Metal Copyright In addition, he does not give an export offer, for no inquiries from overseas market are received.Asian Metal Copyright "The powder price rising is the main reason that pushes up the manganese flake price, and the stainless steel consumers still have little intention of replenishing stocks now," said the source, predicting the manganese price will continue to rebound in the coming week.Asian Metal Copyright05kWh in Guangxi.Asian Metal Copyright

 

According to the source, the powder price rose to RMB0.Asian Metal Copyright "I only have one factory operating in Guangxi now with an output of around 600tpm, and am unwilling to sign any order at current price for the high production cost," shared the source, still holding stocks on hand.Asian Metal Copyright63/kWh up by RMB0.Asian Metal Copyright With a monthly output of 600t in Hunan and Guangxi respectively, a source from manganese smelter revealed that currently, the manganese flake price rebounds to about RMB14,600t USD2,138t ex works, from RMB14,400t USD2,108t ex works of early this week, and he has been out of production for the environment protection.Asian Metal Copyright12/kWh in Hunan, and it also increased up by RMB0.Asian Metal Copyright Since he last made an export deal of 204t with a Japanese customer at USD2,820t FOB China on May 25, the source has not signed any new order yet so far, offering USD2,750-2,780t FOB China for manganese flake.Asian Metal Copyright05/kWh in Guangxi.Asian Metal Copyright05kWh in Guangxi.Asian Metal Copyright Many smelters in Guangxi halted production, and some major smelters decreased production with the weak demand.Asian Metal Copyright "I only have one factory operating in Guangxi now with an output of around 600tpm, and am unwilling to sign any order at current price for the high production cost," shared the source, still holding stocks on hand.Asian Metal Copyright In addition, he does not give an export offer, for no inquiries from overseas market are received.Asian Metal Copyright In addition, he does not give an export offer, for no inquiries from overseas market are received.