China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Remain Steady (2013-1-21)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Remain Steady (2013-1-21)

Price Review & Forecast 05:31:09PM Jan 21, 2013 Source:SMM

SHANGHAI, Jan. 21 (SMM) – In response to growing buying interest of traders and strengthening costs support, steel prices continued to soar. But spot steel prices lack support from trading volumes in the low demand season, so prices should fluctuate weakly in the near term.

SiMn 65/17 market moved steadily. Steel plants have yet to purchase in large amounts, while SMEs bought goods in batches. Market players are neutral towards silicomanganese alloy price trends, but there are also some silicomanganese alloy producers bullish given continuously rising manganese ore prices.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 18 (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: Silicomanganese Alloy Prices Remain Steady (2013-1-21)

Price Review & Forecast 05:31:09PM Jan 21, 2013 Source:SMM

SHANGHAI, Jan. 21 (SMM) – In response to growing buying interest of traders and strengthening costs support, steel prices continued to soar. But spot steel prices lack support from trading volumes in the low demand season, so prices should fluctuate weakly in the near term.

SiMn 65/17 market moved steadily. Steel plants have yet to purchase in large amounts, while SMEs bought goods in batches. Market players are neutral towards silicomanganese alloy price trends, but there are also some silicomanganese alloy producers bullish given continuously rising manganese ore prices.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 18 (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