Costs at EMM Main Producing Regions up RMB 150-200/mt this Week-Shanghai Metals Market

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Costs at EMM Main Producing Regions up RMB 150-200/mt this Week

SMM Insight 04:28:03PM May 06, 2010 Source:SMM

SHANGHAI, May 6 (SMM) -- Changes of costs at EMM producers at this week were as follows: 

Changes of Costs at EMM Producers in Main Producing Regions
Region/Materials
Prices to factory for manganese carbonate powder (including tax) (RMB/mt)
Electric power charges
(RMB/mt)
Prices to factory for 98% sulfuric acid (including tax) (RMB/mt)
Selenium dioxide
(RMB/mt)
Total changes of costs on weekly basis
Hunan province
910-930/16%
0.53
450-550
475
+ 150-200
Chongqing
950/16%
0.506
450-550
475
+ 150-200
Guizhou Province
700-730/13-14%
0.57
450-550
475
 
Guangxi Province
550-600/13-14%
0.63
450-550
475
+ 300-400
Data sources: SMM

According to SMM sources, as local government in Hunan province ordered small miners without business license to halt production, supply of manganese carbonate powder was tight in Hunan province and ore powder prices advanced slightly by RMB 20/mt in this region. Ore power prices in Guangxi province also climbed by RMB 30-50/mt given the tight supply, as local government in Guangxi province also ordered miners without business license to halt production. In addition, ore powder producers at Xiushan in Chongqing  also lifted ore powder prices in order to keep with the rising price trend in other regions. With supply of ore powder becoming tighter and tighter, ore powder prices in Hunan, Chongqing and Guizhou will continue to move at high levels and may even climb up slightly.

To contact the writer on this report: jianghanmei@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
 

Costs at EMM Main Producing Regions up RMB 150-200/mt this Week

SMM Insight 04:28:03PM May 06, 2010 Source:SMM

SHANGHAI, May 6 (SMM) -- Changes of costs at EMM producers at this week were as follows: 

Changes of Costs at EMM Producers in Main Producing Regions
Region/Materials
Prices to factory for manganese carbonate powder (including tax) (RMB/mt)
Electric power charges
(RMB/mt)
Prices to factory for 98% sulfuric acid (including tax) (RMB/mt)
Selenium dioxide
(RMB/mt)
Total changes of costs on weekly basis
Hunan province
910-930/16%
0.53
450-550
475
+ 150-200
Chongqing
950/16%
0.506
450-550
475
+ 150-200
Guizhou Province
700-730/13-14%
0.57
450-550
475
 
Guangxi Province
550-600/13-14%
0.63
450-550
475
+ 300-400
Data sources: SMM

According to SMM sources, as local government in Hunan province ordered small miners without business license to halt production, supply of manganese carbonate powder was tight in Hunan province and ore powder prices advanced slightly by RMB 20/mt in this region. Ore power prices in Guangxi province also climbed by RMB 30-50/mt given the tight supply, as local government in Guangxi province also ordered miners without business license to halt production. In addition, ore powder producers at Xiushan in Chongqing  also lifted ore powder prices in order to keep with the rising price trend in other regions. With supply of ore powder becoming tighter and tighter, ore powder prices in Hunan, Chongqing and Guizhou will continue to move at high levels and may even climb up slightly.

To contact the writer on this report: jianghanmei@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn