" Market views that some desperate sellers will soon quote some offers at a lower price level than the breakeven and make the market even weaker before it, hopefully, rebounds."
That is a funny statement!, what Market? are we actually talking about something that happened or might happen.
A bit of guess work here!! or wishful thinking!!
Where in this website that manganese ore priced been dropping?
What we need to see is a direct link to manganese prices not a generic website about steel making and other subjects.
And by how much did it drop, every month? in dollars that is?
kaboko off take agreements is related to BHP reference price.
Some who live in a micro bubble think manganese prices been dropping all along !
KAB Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held