China Silicomanganese Alloy Market Movement: Some Silicomanganese Alloy Producers in North China Raise Quotes (2013-1-4)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Some Silicomanganese Alloy Producers in North China Raise Quotes (2013-1-4)

Price Review & Forecast 06:08:22PM Jan 04, 2013 Source:SMM

SHANGHAI, Jan. 4 (SMM) – After Hebei Iron & Steel raised silicomanganese alloy bidding prices by RMB 50/mt in January, quotes in south China were up, but traded prices did not change significantly.

Silicomanganese alloy producers in Ningxia, Inner Mongolia and Shanxi raised their quotes by RMB 50/mt. But according to SMM sources, most of them maintained prices for regular customers unchanged. Spot silicomanganese alloy supply is now sufficient, and producers are actively generating cash. Due to pessimism, traders are cautious. In general, silicomanganese alloy prices are expected to remain steady.
Shandong Iron & Steel increased bidding volume for January by 1,100 mt, but goods supply is sufficient. Shandong Iron & Steel has adjusted prices to RMB 7,400/mt (price-to-factory, by acceptance) in December. SMM predicts silicomanganese alloy bidding prices should remain steady in January.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Dec. 28 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6900-7000
6900-7000
Ex-works, including tax
Silicomanganese alloy
Hunan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Henan
6400
6400
Excluding tax,
Trading Market
Silicomanganese alloy
Guangxi
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Sichuan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Yunnan
6600-6700
6600-6700
Ex-works, including tax
Silicomanganese alloy
Guizhou
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Ningxia
6950-7000
6900-7000
↑25
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6850-6950
6800-6900
↑50
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6850-6950
6800-6900
↑50
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5900-6000
5900-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Guizhou
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5650
5600-5650
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
58#
Hunan
5350-5400
5350-5400
Ex-works, excluding tax
Silicomanganese alloy
55#
Hunan
5200-5250
5200-5250
Ex-works, excluding tax
Silicomanganese alloy
50#
Hunan
4850-4900
4850-4900
Ex-works, excluding tax

China Silicomanganese Alloy Market Movement: Some Silicomanganese Alloy Producers in North China Raise Quotes (2013-1-4)

Price Review & Forecast 06:08:22PM Jan 04, 2013 Source:SMM

SHANGHAI, Jan. 4 (SMM) – After Hebei Iron & Steel raised silicomanganese alloy bidding prices by RMB 50/mt in January, quotes in south China were up, but traded prices did not change significantly.

Silicomanganese alloy producers in Ningxia, Inner Mongolia and Shanxi raised their quotes by RMB 50/mt. But according to SMM sources, most of them maintained prices for regular customers unchanged. Spot silicomanganese alloy supply is now sufficient, and producers are actively generating cash. Due to pessimism, traders are cautious. In general, silicomanganese alloy prices are expected to remain steady.
Shandong Iron & Steel increased bidding volume for January by 1,100 mt, but goods supply is sufficient. Shandong Iron & Steel has adjusted prices to RMB 7,400/mt (price-to-factory, by acceptance) in December. SMM predicts silicomanganese alloy bidding prices should remain steady in January.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Dec. 28 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6900-7000
6900-7000
Ex-works, including tax
Silicomanganese alloy
Hunan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Henan
6400
6400
Excluding tax,
Trading Market
Silicomanganese alloy
Guangxi
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Sichuan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Yunnan
6600-6700
6600-6700
Ex-works, including tax
Silicomanganese alloy
Guizhou
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Ningxia
6950-7000
6900-7000
↑25
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6850-6950
6800-6900
↑50
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6850-6950
6800-6900
↑50
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5900-6000
5900-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Guizhou
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5650
5600-5650
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
58#
Hunan
5350-5400
5350-5400
Ex-works, excluding tax
Silicomanganese alloy
55#
Hunan
5200-5250
5200-5250
Ex-works, excluding tax
Silicomanganese alloy
50#
Hunan
4850-4900
4850-4900
Ex-works, excluding tax