China’s manganese flake price hits three-year low on weak fundamentals

Manganese flake prices in China hit a three-year low, falling by 6.91% week on week in the week ended Friday August 4, and plunging by 24.44% year on year due to oversupply and a demand slump, sources told Fastmarkets.

Fastmarkets’ latest weekly price assessment for manganese 99.7% electrolytic manganese flake, fob China was $1,700-1,800 per tonne on August 4, down by $130 from the previous assessment.

Published

Angeline Shi

August 08, 2023

05:47 GMT

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