[SMM analysis] the national blockade of the serious epidemic in India was extended to the end of May and the import volume of manganese products decreased significantly.

게시됨: May 19, 2020 15:12

SMM5, March 19: according to data released by the Indian Ministry of Health on the 17th, there were 4987 new confirmed crown cases in the country as of that day, the highest one-day increase since records. India began to implement a national blockade on March 25, and has been extended twice. The current deadline is May 17. On the afternoon of the 17th, the Indian Ministry of the Interior issued guidelines to extend the national blockade for another two weeks from the 18th to May 31.

During this period, schools and educational institutions across India continued to be closed, urban subways continued to shut down, and entertainment venues such as hotels, shopping malls, bars and cinemas were not allowed to open. In addition to meeting medical needs, international and domestic flights will continue to be suspended. However, local restaurants can provide takeout services and allow some sports venues to open.

It is reported that according to the guiding principles, after a consensus has been reached between states, the interconnection of passenger vehicles can be allowed, but not in the area of separation. In addition, a curfew was imposed throughout India from 19:00 to 7 a.m. the next day during the extended blockade, which was strictly prohibited from going out except to meet the necessary needs.

According to SMM, although India's blockade measures have been extended to the end of May, some commercial and industrial restrictions may be gradually opened at a later stage. In addition, with regard to the liberalization of import and export trade, some domestic manganese traders said that it is expected that India's imports of forged manganese and unforged manganese will decrease significantly from April to May. Basically, 60% of China's total exports of forged manganese and manganese products are exported to India. If the epidemic situation and protective measures in India are controlled effectively in the second quarter, the demand for manganese products in China may be restored in the later period.

2020 China Ni-Cr stainless Steel Industry Market and Application Development Forum

Scan the QR code, apply for participation or join the SMM metal exchange group

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn