[Minor metal] Manganese Producers Keep Offers Firm on Rising Costs and Tight Supply

Dec 7, 2009 13:16

Source:SMM

SHANGHAI, Nov. 25 (SMM) -- Today, mainstream offers for refined manganese were RMB 13,600-13,700/mt.

Operating rates at manganese producers in Guangxi province remained relatively low at 40%, as most producers were waiting for environmental protection inspections on December 15th; 10 idled producers in Xiushan region have resumed production current; operating rates at manganese producer in Hunan and Guizhou provinces remained 70%. Meanwhile, most manganese producers produced based on long-term contracts, leaving supply tightness in spot market.

In this context, manganese producers kept offers firm due to rising costs and spot supply tightness.

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[Minor metal] Manganese Producers Keep Offers Firm on Rising Costs and Tight Supply

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