[Ferro-Alloys.com] In recent period, silicon manganese market in China kept poor sale. Apart from that, capital pressure also brings about troble on alloy suppliers.
Silicon manganese prices ticks slightly higher on renewed buying interest from end-users. Grade 60-14 is being offered at around INR 57,500 MT (Ex-Raipur) and INR 58,000/MT (Ex-Durgapur).
In the manganese triangle area, mainstream ex-work price of manganese flake stayed above RMB12800/mt (USD2065/mt). In Huangpu Port, export price was USD2100-2140/mt FOB.