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[Minor metal] Refined Manganese Prices Stable in Domestic Market

iconJul 15, 2009 00:00

SHANGHAI, July 15 (CBI China) -- Transactions were lukewarm in domestic refined manganese market, with ex-works prices in the RMB 13,100-13,300/mt range.

    Sources report that refined manganese transactions slowed, as market prices hit RMB 13,000/mt recently. Both downstream consumers and traders began holding a wait-and-see attitude towards the market. Although factories were reluctant to move goods, the increasing spot supply in the market exerted downward pressure on the price. 

 

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