China Silicomanganese Alloy Market Movement: Prices Remain Steady, Tight Supply of SiMn 60/14 (2013-1-17)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Prices Remain Steady, Tight Supply of SiMn 60/14 (2013-1-17)

Price Review & Forecast 06:21:18PM Jan 17, 2013 Source:SMM

SHANGHAI, Jan. 17 (SMM) – SMM sources report steel plants weigh down silicomanganese alloy prices due to rising costs, while silicomanganese alloy producers hold onto their goods, keeping transactions muted.

Supply for SiMn 60/14 was tight, with quotes expected to rise further. Operating rates at producers are low. Supply for SiMn 60/14 was tight as inventories at the producers which suspended production were depleted.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 16 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6950-7050
6950-7050
Ex-works, including tax
Silicomanganese alloy
Hunan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Henan
6400-6500
6400-6500
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
6950-7000
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5950-6000
5900-6000
↑ 25
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5800-5900
↑ 50
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5800-5900
↑ 25
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5650
↑ 25
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5450-5550
↑ 50
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5450-5550
↑ 25
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: Prices Remain Steady, Tight Supply of SiMn 60/14 (2013-1-17)

Price Review & Forecast 06:21:18PM Jan 17, 2013 Source:SMM

SHANGHAI, Jan. 17 (SMM) – SMM sources report steel plants weigh down silicomanganese alloy prices due to rising costs, while silicomanganese alloy producers hold onto their goods, keeping transactions muted.

Supply for SiMn 60/14 was tight, with quotes expected to rise further. Operating rates at producers are low. Supply for SiMn 60/14 was tight as inventories at the producers which suspended production were depleted.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 16 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6950-7050
6950-7050
Ex-works, including tax
Silicomanganese alloy
Hunan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Henan
6400-6500
6400-6500
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
6950-7000
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5950-6000
5900-6000
↑ 25
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5800-5900
↑ 50
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5800-5900
↑ 25
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5650
↑ 25
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5450-5550
↑ 50
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5450-5550
↑ 25
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