The market demand of manganese metal increased

  As the inquiry of manganese metal increased these days, the market price begins to rise.

  The reasons are as followed: Firstly, for the manganese factory, majority of factories are basis on the order to produce metal. The order schedule can be arranged until 10^th Sep. Now there is little spot goods in the market. In addition, in the beginning of month without fund pressure, the manganese factories are not in a rush to make a bargain. They are asking for higher price. Secondly, for the merchant, they are observing the market early. Now it is closed to the delivery day, they are more positive to inquiry and purchase. Thirdly, for the steel factories, a Korean steel factory announced its Manganese metal spot tender for Oct. They are planned to purchase over 5000 tons of metal which increase the market demand. It may also influenced the market price as well. It is predict that the price of manganese metal will go up.