Author: Rudra
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China: Silico manganese prices weaken on sluggish demand
Prices edge down amid weak spot sentiment Oversupply and cautious steel demand weigh on market Chinese silico manganese prices (Mn 65%, Si 17%) edged down slightly w-o-w to RMB 5,790-6,090/t ($851-895/t) exw, compared with RMB 5,930-6,230/t ($872-916/t) in the previous week. The market weakened further, as sluggish downstream demand and oversupply pressure continued to outweigh…