Manganese flake price keeps firm in Guangxi

While manganese flake smelters are holding back from selling materials, the manganese flake price keeps firm at about RMB15,800/t (USD2,313/t) ex works.Asian Metal Copyright Moreover, the supply of manganese ore remains tight, so the price will not decrease in the coming days.Asian Metal Copyright Even some smelters are unwilling to offer for no stocks on hand.Asian Metal Copyright "I don't hold stocks on hand, and the main reason that supports the manganese flake is the tight supply," said the source.Asian Metal Copyright

 

A source from a manganese flake smelter in Guangxi with a monthly output of about 1,500t, reported to Asian Metal that manganese flake price keeps firm at around RMB15,800/t (USD2,313/t) ex works and some smelters offer about RMB16,000/t (USD2,343/t) ex works for manganese flake in Guangxi.Asian Metal Copyright "However, I am unwilling to offer for no stocks and think that the price will continue to climb up with the tight supply," said the source.Asian Metal Copyright "However, I am unwilling to offer for no stocks and think that the price will continue to climb up with the tight supply," said the source.Asian Metal Copyright Many manganese smelters have been out of production in Guangxi, and some major smelters reduce the production.Asian Metal Copyright

 

Offering around USD2,900/t FOB China for manganese flake, the source claimed that European customers have not come back to the market due to the summer holiday with few inquiries received, and only few deals are concluded.Asian Metal Copyright Even some smelters are unwilling to offer for no stocks on hand.Asian Metal Copyright

 

With an output of about 500tpm, another source from a manganese flake smelter in Guangxi claimed that he made a deal of about 80t at RMB15,800/t (USD2,313/t) ex works last Friday, and the price will keep firm for the tight supply.Asian Metal Copyright "I don't hold stocks on hand, and the main reason that supports the manganese flake is the tight supply," said the source.Asian Metal Copyright "I don't hold stocks on hand, and the main reason that supports the manganese flake is the tight supply," said the source.Asian Metal Copyright "However, I am unwilling to offer for no stocks and think that the price will continue to climb up with the tight supply," said the source.Asian Metal Copyright

 

Many manganese smelters have been out of production in Guangxi, and some major smelters reduce the production.Asian Metal Copyright Many manganese smelters have been out of production in Guangxi, and some major smelters reduce the production.Asian Metal Copyright Moreover, the supply of manganese ore remains tight, so the price will not decrease in the coming days.Asian Metal Copyright Offering around USD2,900t FOB China for manganese flake, the source claimed that European customers have not come back to the market due to the summer holiday with few inquiries received, and only few deals are concluded.