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Manganese Flake Prices Up $20 After Flooding in China
May. 14, 2014 04:53PM PST
Battery Metals Investing
Metal Bulletin reported that “severe flooding” in Southern China disrupted manganese flake shipments from the country, pushing prices for the material up by $20.
Metal Bulletin reported that “severe flooding” in Southern China disrupted manganese flake shipments from the country, pushing prices for the material up by $20.
As quoted in the market news:
While demand in the European market was static, traders were raising their offers in line with a jump in prices for shipment material after heavy storms hit Hunan, a manganese production hub. There were also unconfirmed reports that the flooding had destroyed a manganese mine in Huayuan county in Hunan.
Click here to read the full Metal Bulletin report.
