Tag: Chinese Silico manganese prices edge down by $14/t as market exhibits cautiousness

The Chinese silico manganese market remained steady despite a slight decline in prices by RMB 100/t ($14/t) amid cautious sentiments. The overall pace of trading activity remained average. Spot prices of silico manganese (60-14) hovered around RMB 7,850/t-8,050/t ($1,084-1,112/t) ex-works and inclusive of taxes. Market drivers Rising smelting cost: Rising smelting costs and cautious downstream…