Electrolytic manganese flakes suppliers optimistic about the market

Participants reported to Asian Metal that electrolytic manganese dioxide producers hold an optimistic attitude about the future market, while the production cost increased, and producers think electrolytic manganese dioxide price will rise a bit. Some producers want to raise the price in April.

A Hunan-based electrolytic manganese dioxide producer, with a capacity of about 12,000tpy, revealed to Asian Metal that price of electrolytic manganese dioxide used in alkaline battery grade is about RMB10,500-11,000/t (USD1,537-1,611/t) ex works and he made some deals at RMB10,500/t (USD1,537/t) ex works these two days. The source wants to raise the price to about RMB11,200/t (USD1,640/t) ex works early next month.

According to the source, manganese ore and vitriol price goes up these days, and the production cost of electrolytic manganese dioxide increases. The source thinks electrolytic manganese dioxide price will go up in the near future.

Another Hunan-based electrolytic manganese dioxide producer, with a capacity of about 12,000tpy, revealed to Asian Metal that the price of electrolytic manganese dioxide used in alkaline battery grade is about RMB11,000/t (USD1,611/t) ex works. He will expand a new project with a capacity of about 15,000tpy and it will be in operation late this year.

The source supplies regular volume of electrolytic manganese dioxide for battery consumers in domestic market, and the demand is relatively stable. However, the demand from foreign market is weak and no deals are concluded these days.