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China EMM Price Continued to Drop (Nov.10th –Nov.14th)

  • Monday, November 17, 2014
  • Source:ferro-alloys.com

  • Keywords:Mn metal, Manganese metal, EMM, electrolytic manganese,SeO2
[Fellow]According to the investigation of www.ferro-alloys.com,electrolytic manganese metal (EMM) market in China continued to drop last

[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com,electrolytic manganese metal (EMM) market in China continued to drop last week. In the manganese triangle area, mainstream ex-work price of manganese flake dropped from RMB12700-12900/mt (USD2048-2081/mt) to RMB12600-12800/mt (USD2032-2065/mt), down RMB100/mt. Market confidence was insufficient and some deals were made at RMB12500/mt actually. In Huangpu Port, export price was still USD2120-2160/mt FOB.

Selenium dioxide (SeO2) market was stable last week. Mainstream ex-work price of 98% SeO2 stayed around RMB 255-265/kg. The main use of selenium dioxide was still in EMM industry at present.

Some new capacity was put into production recently and several new projects would be completed soon. Spot supply increased gradually. Supported by high production cost, EMM market was predicted to stay at current level this week.

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  • [Editor:Mike.zhang]

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