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Chinese silico manganese prices surge amid costlier raw materials
The escalation in trade activities with a parallel upswing in demand caused Chinese silico manganese prices to move up. Spot prices of silico manganese (60-14) surged by RMB 200/t ($28/t), hovering within RMB 6,900/t-7,100/t ($956/t-$984/t) ex-works and inclusive of taxes. It was noticed that there was a complex interplay of factors affecting the silico manganese…