MANGANESE SNAPSHOT: Soaring freight costs push flakes up 6% in Europe

Key data from Fastmarkets’ pricing session in Europe on Wednesday November 18.

Key drivers Prices rallied in Europe for the second consecutive week, with consumers and traders needing to restock inventories amid soaring shipping costs. The cost of shipping has jumped worldwide due to a combination of fewer vessels on the water, an imbalance in trade flows to and from China, and competition between cargoes. Trans-Pacific routes were the most badly affected by the disruptions,...

Published

Cristina Belda

November 18, 2020

19:53 GMT

London