FORECAST: Citi predicts 30% drop in high-grade manganese ore prices by late 2018

Citibank expects a steep drop in high grade manganese ore prices by the end of next year, as it maintains its bearish view on the steel-making raw material in the medium to long term.

Citi is forecasting a drop of almost 30% in high-grade manganese ore prices by the end of 2018, and a demand compound annual growth rate of 2.5% for manganese ore...

Published

Janie Davies

November 16, 2017

12:42 GMT

London