Manganese flake prices hit highest level since December 2016 on supply squeeze

Manganese flake prices jumped more than 14% on Friday April 20 to its highest level since December 2016 on a continued supply squeeze in Europe.

Metal Bulletin assessed the manganese flake in-warehouse Rotterdam price at $2,275-2,450 per tonne on Friday, up 14.1% on the previous assessment and the highest it has been since December 2016. “All the material has been purchased. There is absolutely nothing left in Rotterdam,” a trader said. “Seems all the traders are short for April.” Offers were heard up to $2,550 per tonne for prompt material during...

Published

Ewa Manthey

April 23, 2018

10:56 GMT

London