Price Performance of Silicon-manganese was Chaotic and the Transaction Prices were Low

SHANGHAI, June 7 (SMM) - The silicon 6517 (cash) in the northern market was 8,150--8,350 yuan/mt and was 8,150--8,400 yuan/mt in southern market. At present, the price performance of silicon-manganese market was slightly chaotic. Some enterprises tended to hold the prices firm, but the actual transactions prices were basically around the purchasing prices from steel mills and it is difficult to trade at high prices. In addition, the overall performance of the downstream was modest amid the oversupply. However, coke prices rebounded and the cost support of silicon-manganese still existed amid the obvious wrestling.