Manganese Market Stood Wait and See amid the Meeting

SHANGHAI, June 6(SMM) -

The average price of EMM in the major producing areas moved between 15,200-15,500 yuan/mt, flat from June 3.

The FOB prices ranged between $2,350-2,450/mt, unchanged from last Friday and the manganese market remained stable at the beginning of the week.

The market stood wait-and-see as the alliance meeting was launched today, and the prices were flat from the previous working day. In addition, downstream demand may increase in June. The prices of EMM may further increase in the short term under the support of costs.