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[Minor metal] Refined Manganese Prices Remain Stable in Domestic Market
SHANGHAI, July 20 (CBI China) -- Refined manganese supply and demand remained in balance in domestic market, with market prices stabilizing in the RMB 13,200-13,400/mt range.
Sources report that the relatively high temperature in the cell due to current hot weather exerted negative impact on the output at factories. In this context, producers were reluctant to move cargos, leading to decreasing market supply. As the demand remained stable, CBI predicts refined manganese prices will move upward steadily in the near future.
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