Prices of Mn Flakes show a downward trend

Hainan West Asia Group said that the recent price of Mn flakes 99.7% FOB Tianjin Port is 1680~1690USD.MT, which is about 10 USD/MT lower than last week's 1700 USD/MT.

Relevant salesmen in Hainan and West Asia revealed that with the decrease in market inquiries and a pessimistic attitude towards the future market, it is predicted that the price of manganese metal flakes will continue to fall in the next week or so. Following last week's quotation of CIF Rotterdam at 1170 USD/MT, European customers requested continued updates on recent manganese flake prices.

But at the same time, as many traders in China clear their inventories, the price of Mn flakes may remain stable in the future.

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