China's domestic silico-manganese spot price retreated in the latest assessment to Friday August 21 in response to falling futures prices and shrinking buying interest, market sources told Fastmarkets.
Fastmarkets assessed the silico-manganese, 65% Mn min, max 17% Si, in-whs China price at 5,900-6,000 yuan ($852-866) per tonne on Friday, down by 2.1% from 6,000-6,150 yuan per tonne on August 14 when it registered a week-on-week rise of 3.4% on the support of strengthening portside ore and alloy markets.The most-traded September silico-manganese contract on the Zhengzhou Commodity Exchange closed at 6,140 yuan per tonne on August 21, down by...