Tag: China: Silico manganese market exhibits stagnation amidst downturn signals

Chinese silico manganese prices fell w-o-w to around RMB 5,900/t – 6,100/t ($831/t-$845/t) exw against RMB 6,010/t – 6,110/t exw assessed last week. Despite unchanged cash quotations, the trading atmosphere remains average, characterized by sluggish negotiations and stagnant demand recovery. All prices were ex-works and inclusive of taxes. Factors driving down prices Cautious downstream buying,…