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China EMM Price Continued to Drop (Nov.17th –Nov.21st)

  • Monday, November 24, 2014
  • Source:ferro-alloys.com

  • Keywords:Mn metal, Manganese metal, EMM, electrolytic manganese,SeO2
[Fellow]In the manganese triangle area, mainstream ex-work price of manganese flake dropped from RMB12600-12800/mt (USD2032-2065/mt) to

[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 RMB12600-12800/mt (USD2032-2065/mt) to RMB12400-12600/mt (USD2000-2032/mt), down about RMB200/mt. Market confidence was insufficient and some deals were made at RMB12350/mt actually. In Huangpu Port, export price was USD2100-2140/mt FOB.

Selenium dioxide (SeO2) market went downward last week. Mainstream ex-work price of 98% SeO2 dropped from RMB 255-265/kg to RMB 245-255/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. Oversupply would be more severe and EMM market was faced with more downward pressure.

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  • [Editor:Mike.zhang]

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