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Metals prices: spot the difference

Manganese is the spectacular outlier in the latest batch of commodity price reviews with at least one leading bank expecting a sharp fall as the current boom likely gives way to a bust that could see the price cut in half.

Metals prices: spot the difference Metals prices: spot the difference Metals prices: spot the difference Metals prices: spot the difference Metals prices: spot the difference

The spot and long-term price differential is causing concern

UBS, in its latest comparison of spot (or overnight) prices and forecast prices for the rest of this year, and future years, estimates manganese is theoretically over-priced by between 88% and 138%.