Under the cost pressure, the price of Manganese Flake drop slowly
For the past few weeks, the price of Manganese Flake drops a lot. As far as we know, a lot of Manganese metal factory has higher cost, with the price of EMM drops constantly down to the bottom, some factories even exist the cost higher than the income. With the endlessly drops market price, some Manganese metal factories stop quoting. Some Manganese metal factories say, if the price keeps on falling, they are about to stop producing after finishing the pending order.
The Manganese metal factories are longing to rising the price. For the aspect of downstream purchasing, the quote has slightly increasing this week. However, the downstream purchaser thinks the market price will keep on coming down. In fact, little quote clinch a deal finally.
With the market price of Manganese Flake almost down to the bottom, according to the industries report, some factories in Hunan, Guizhou, Guangxi area already stop producing and maintain the machine. The downstream merchandise still purchase according to the order.
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