manganese flake market keeps soft

16 Apr 10 - It is reported that while manganese flake price moved up quickly past days, most consumers are still watching the market instead of buying for the moment, and the softening manganese flake market will go on in the coming days.Asian Metal Copyright The weak demand from overseas market has not recovered, and for the firm production cost and the thin profit, manganese smelters don't want to sell at a lower price.Asian Metal Copyright Meanwhile, the smelters in Huayuan County have not resumed yet, but the supply is not tight with the weak demand.Asian Metal Copyright A Hunan-based manganese flake smelter, with an output of 4,500tpm, revealed to Asian Metal that manganese flake price rose to RMB16,000t USD2,343t ex works, and he is just fulfilling some orders signed early this month, and does not make any deals at current price, for there is no stocks on hand.Asian Metal Copyright

 

A Hunan-based manganese flake smelter, with an output of 4,500tpm, revealed to Asian Metal that manganese flake price rose to RMB16,000/t (USD2,343/t) ex works, and he is just fulfilling some orders signed early this month, and does not make any deals at current price, for there is no stocks on hand.Asian Metal Copyright "I signed an order of over 1,000t with a steel mill three weeks ago, and am out of stock.Asian Metal Copyright "Meanwhile, although smelters are reluctant to sell at below RMB16,000/t (USD2,343/t) ex works, consumers are unwilling to accept the price to replenish stock for now," said the source.Asian Metal Copyright Meanwhile, the smelters in Huayuan County have not resumed yet, but the supply is not tight with the weak demand.Asian Metal Copyright

 

Offering USD2,900/t FOB for manganese flake now, the source does not receive any inquiries from overseas market these days, and no deals are finalized.Asian Metal Copyright A manganese flake smelter in Hubei province, with an output of about1,600tpm, reported to Asian Metal that manganese flake price is in the range of RMB15,800-16,000t USD2,313-2,343t ex works, and the Chinese market keeps soft with only few deals finalized.Asian Metal Copyright The weak demand from overseas market has not recovered, and for the firm production cost and the thin profit, manganese smelters don't want to sell at a lower price.Asian Metal Copyright "Meanwhile, although smelters are reluctant to sell at below RMB16,000t USD2,343t ex works, consumers are unwilling to accept the price to replenish stock for now," said the source.Asian Metal Copyright

 

A manganese flake smelter in Hubei province, with an output of about1,600tpm, reported to Asian Metal that manganese flake price is in the range of RMB15,800-16,000/t (USD2,313-2,343/t) ex works, and the Chinese market keeps soft with only few deals finalized.Asian Metal Copyright "Meanwhile, although smelters are reluctant to sell at below RMB16,000t USD2,343t ex works, consumers are unwilling to accept the price to replenish stock for now," said the source.Asian Metal Copyright "I signed an order of over 1,000t with a steel mill three weeks ago, and am out of stock.Asian Metal Copyright Meanwhile, the smelters in Huayuan County have not resumed yet, but the supply is not tight with the weak demand.Asian Metal Copyright Though smelters in Huayuan County halted production, the supply in Chinese market is not tight," said the source.Asian Metal Copyright Offering USD2,900t FOB for manganese flake now, the source does not receive any inquiries from overseas market these days, and no deals are finalized.Asian Metal Copyright

 

According to the source, the inquiries from consumers increased obviously early this week when manganese flake price started to move up quickly, but the market becomes quiet now.Asian Metal Copyright Offering USD2,900t FOB for manganese flake now, the source does not receive any inquiries from overseas market these days, and no deals are finalized.Asian Metal Copyright Meantime, the demand from overseas market is still weak, and no export deals are finalized with the offer of USD2,900/t FOB of manganese flake.Asian Metal Copyright Meantime, the demand from overseas market is still weak, and no export deals are finalized with the offer of USD2,900t FOB of manganese flake.