Home / Metal News / Aluminium / SMM Survey on Manganese Market Outlook
SMM Survey on Manganese Market Outlook
Jan 5,2010 17:12CST
smm insight
Source:SMM

SHANGHAI, Jan. 5 (SMM) -- Today, mainstream traded prices of EMM were in the RMB 14,500-14,600/mt range, middlemen made purchases in a small amount and downstream steel mills didn't replenish stocks.

SMM conducted a survey on future manganese market outlook at 15 EMM producers in Hunan, Xiushan and Guizhou regions. 4 EMM producers believe that any rising room of manganese prices will be limited this week and prices may jump when steel mills begin to build stock next week; 11EMM producers believe that trading volumes have increased and prices have climbed steadily day by day, and prices will not decline before the middle of January. They all believe that prices will not decline in the near future.

The optimist views are mainly attributed to tight supply of eclectic power, rising prices of ore powders and purchasing volumes from downstream steel mills before the Chinese New Year holiday.

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

 

Manganese Cobalt Silicon Tin Bismuth
minor metal price
Mn Co Si Sn Bi

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news