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Refined manganese prices have risen steadily since last week, due mainly to falling operating rates at factories amid hot weather, as well as shortages of manganese ore supply caused by rainy weather. Market insiders held optimistic outlook over short-term market.
Traders also had high purchasing sentiment, further pushing up refined manganese prices.
Mainstream traded prices for refined manganese are expected to move up to RMB 13,500/mt during this week.
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