Tag: China: High costs and cautious demand drive down silico manganese prices

The tax-inclusive spot prices of silico manganese in China fell w-o-w by RMB 200/t ($28/t) to RMB 8,000-8,300/t ($1,103-1,144/t) this week amid market uncertainties. Factors that impacted market this week Limited trade in downstream sector: The market experienced a downward trend in silico manganese prices w-o-w. The rise in smelting costs and cautious procurements by…