Weekly Reports
Chinese Currency depreciation--Manganese Ore Challenge
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Manganese Ore quoted by major Miner was dropped by USD0.5/DMTU cif China basis.Followed by Brazil, price quoted usd3.8-4.0/dmtu Cif China basis for 38-40% grade Manganese Ore. |
China’s Tungsten Market Kept Weak (Apr21st –Apr25th)
Tungsten ore market was stable last week. |
Cored Wire Operation was Worse in China (Apr21st –Apr25th)
Cored wire market price was still stable in China last week. |
China EMM Market Bounced A little (Apr21st –Apr25th)
EMM market bounced back a little in China last week. |
Several Factors Would Affect Production & Sales of FeCr in China in May (Apr.21st-Apr.25th)
This week FeCr market ran smoothly in China and sidelined atmosphere grew in late April. |
Mg Price Surged in China (Apr21st-Apr 25th)
Mg price continued to be rising this week, with mainstream Shaanxi Mg99.90% price rising to |
Si Price Kept Stable, More Plants Planned to Rework (April 21st–April 25th)
With wet season approaching in southwest areas, many Si plants plan to restart furnaces. Furnaces in Sichuan province may restart in May, and Si manufacturers might rework in late May. |
Low Operation Rate Existed in China’s Main Production Regions (Apr21st-Apr25th)
Serious reduction of production remained in some main production regions and April output of FeSi was expected to decline in China. |
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