LATEST MARKET INFORMATION
Discouraged by slow demand from titanium sponge plants, Chinese magnesium ingot 99.95%min market stayed quiet over the past days.
It is expected that mainstream Chinese magnesium ingot 99.95%min and 99.9%min prices would remain weakly stable in the forthcoming days.
Japanese secondary aluminum alloy ingot consumers give priority to purchasing the low-priced secondary
aluminum alloy from Southeast Asia.
Chinese exporters focus on sales to domestic customers, have less interest in exporting and plan to mark up their price further.
Therefore, export prices for Chinese aluminum alloy ingot ADC12 might increase in the coming week.
Chinese exporters are less interested in exporting at present and have intention to mark up the price further,
so export prices for Chinese aluminum alloy ingot ADC12 might increase in the coming week.
Manganese Flake - Manganese Briquette
Manganese flake prices increase sharply in Europe. Most suppliers increased their prices sharply since early this week
It is expected that the prices of manganese flake 99.7%min would increase further by the end of this week
Due to increasing deals from downstream clients, Chinese copper scrap prices edged up over the past several days.
It is expected that Chinese copper scrap prices would increase in the next few days.
Chinese manganese briquette export prices increased. Supported by increased demand and high cost of raw materials,
most suppliers lifted their prices this week, so the mainstream export prices of Chinese manganese briquette 97%min have increased.
It is expected that the export prices of manganese briquette 97%min would increase further in the coming week.
Discouraged by decreasing prices, most of buyers overseas intend to watch the market instead of placing orders,
so the export market of Chinese silicon metal is decreased.
Given decreasing prices in domestic market, it is expected that the export prices of Chinese silicon
metal would move down further in the coming week.
Most of buyers intend to watch the market after holiday, so producers or traders lowered prices to reduce stocks.
As many suppliers have intention to reduce stocks, it is expect that the prices of Chinese silicon metal
would move down further in the coming week.