Weak euro weighs on manganese flake prices even as market tightens

A weak euro kept manganese flake prices supressed this week, even as offers from China rose on tight supplies, sources said

Manganese flake prices held on Friday, after weakening on Wednesday September 26 to $2,300-390 per tonne. Many had expected that prices would rise this week, as environmental regulations, low capacity and problems with high sulphur content have tightened the market in China, driving some suppliers to stop offering and others to bump up prices. “There are definitely fewer offers and those that are offering...

Published

Chloe Smith

September 26, 2014

17:00 GMT

London