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[Minor metal] Manganese Price Rebounds Slightly

iconApr 13, 2009 00:00

SHANGHAI, Apr. 13 (CBI China) -- Domestic refined manganese price rose slightly after fell to RMB 12,000/mt last week, and the current price was in the RMB 12,100-12,300/mt range.

    Sources report that the environmental protection inspection of mines will continue in Huayuan region, and the factories were unwilling to sell. The local factories said if the inspection caused the large-scale production suspension, the supply will no doubt be tight, and the price will rise as well.

    The price in Chongqing and Guizhou remained unchanged compared to last week at RMB 12,300/mt.

    A trader in Dainan region said: “we will wait and see and will not purchase if the demand remains weak.”

 

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