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Tuesday, 24 August 2010

Manganese flake supply keeps tight

Participants reported to Asian Metal that as many manganese smelters halt production, and the material available in spot market is decreasing, the supply of manganese flake remains tight, and most suppliers are reluctant to sell.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright

 

Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright "I received an inquiry of 60t on Thursday, but failed to supply the buyer for no materials available.Asian Metal Copyright The mainstream manganese flake price is about 15,700-15,800/t (USD2,299-2,313/t) ex works, but the source is unwilling to offer because of no stocks on hand.Asian Metal Copyright Offering USD2,930t FOB China for manganese flake, the source claimed the export market remains quiet with few inquiries received.Asian Metal Copyright "I received an inquiry of 60t on Thursday, but failed to supply the buyer for no materials available.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright The supply of manganese flake goes tight," shared the source.Asian Metal Copyright "The price increased sharply due to the tight supply, but the demand from stainless steel mills remains weak," said the source.Asian Metal Copyright

 

Offering USD2,930/t FOB China for manganese flake, the source claimed the export market remains quiet with few inquiries received.Asian Metal Copyright The mainstream manganese flake price is about 15,700-15,800t USD2,299-2,313t ex works, but the source is unwilling to offer because of no stocks on hand.Asian Metal Copyright However, the source thinks the export market will see improvement in the near future when the European customers come back to the market.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright

 

With an output of about 1,500tpm, another source from a manganese flake smelters in Hunan confirmed to Asian Metal that the operating rate of manganese flake smelters in Hunan, Guangxi remains low, and manganese flake price is about RMB15,700/t (USD2,299/t) ex works.Asian Metal Copyright The supply of manganese flake goes tight," shared the source.Asian Metal Copyright "The price increased sharply due to the tight supply, but the demand from stainless steel mills remains weak," said the source.Asian Metal Copyright "I received an inquiry of 60t on Thursday, but failed to supply the buyer for no materials available.Asian Metal Copyright

 

Currently, the manganese flake export price is around USD2,900/t FOB China, but the manganese flake price is just about USD2,800/t in Rotterdam warehouse, said the source.Asian Metal Copyright Holding an output of about 2,000tpm, a source from a manganese flake smelter in Hunan province revealed to Asian Metal that he has decreased the output to about 1,000tpm.Asian Metal Copyright The export market is still in thin trading.Asian Metal Copyright Offering USD2,930t FOB China for manganese flake, the source claimed the export market remains quiet with few inquiries received.

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