[Minor metal] Review of Refined Manganese Raw Material Market This Week

SHANGHAI, Nov. 5 (SMM) -- Price to factory (tax included) for manganese carbonate powder (16%) was RMB 700-750/mt in Hunan province; price to factory (tax included) for ore powder was RMB 950/mt in Xiushan region, and actual traded prices were RMB 750/mt, since the government ; purchasing prices (tax included) for manganese powder (15%) were RMB 630-650/mt in Guizhou province; purchasing prices (tax included) for manganese powder (13%) were RMB 450/mt in Guangxi province.

    The electricity prices were RMB 0.51-0.53/kWh in Huayuan, Hunan province, and RMB 0.457/kWh in Chongqing; the electricity prices were RMB 0.43/kWh in Guizhou province, with RMB 0.04/kWh expected to add to current price levels on November 21st, while the electricity prices were RMB 0.46-0.52/kWh in Guangxi province, with RMB 0.08-0.1/kWh expected to add to current price levels in late November.

    Selenium dioxide: selenium dioxide prices will climb, as operating rates at refined manganese producers are expected to increase due to rising refined manganese prices. At present, mainstream traded prices for selenium dioxide are RMB 330-340/kg.

    Sulfuric acid: prices for sulfuric acid remain at RMB 400/kg in Guizhou, Hunan and Chongqing regions.

    Operating rates at refined manganese producers are 68%. 3-5 idled manganese producers restarted production in Xiushan region; only selected large manganese producers maintained normal production in Guangxi province due to environment protection inspection; 2-3 manganese producers suspended production for unit maintenance in Luxi, Hunan province.

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