China Silicomanganese Alloy Market Movement: Demand for Silicomanganese Alloy Sluggish, Production Costs Increase Due to Rising Manganese Ore Prices (2013-2-1)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Demand for Silicomanganese Alloy Sluggish, Production Costs Increase Due to Rising Manganese Ore Prices (2013-2-1)

Price Review & Forecast 05:02:20PM Feb 01, 2013 Source:SMM

SHANGHAI, Feb. 1 (SMM) – Hebei Iron & Steel unexpectedly lowered silicomanganese alloy procurement prices by RMB 50/mt in February, while most other steel plants maintained prices unchanged from the previous month. Quotes for manganese ore were changed from once a month to once a week, and raised for China, causing production costs at silicomanganese alloy producers to increase further. But given soft downstream demand, any support from costs for silicomanganese alloy prices weakened.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 31 (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
5950-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5850-5950
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5850-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5700
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5500-5600
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5500-5550
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

Price

more
#1 Refined Cu
Dec.10
48420.0
265.0
(0.55%)
Standard-Grade Copper
Dec.10
48410.0
265.0
(0.55%)
High-Grade Copper
Dec.10
48430.0
265.0
(0.55%)
Guixi Copper
Dec.10
48435.0
260.0
(0.54%)
Low-Quality Copper
Dec.10
48355.0
265.0
(0.55%)

China Silicomanganese Alloy Market Movement: Demand for Silicomanganese Alloy Sluggish, Production Costs Increase Due to Rising Manganese Ore Prices (2013-2-1)

Price Review & Forecast 05:02:20PM Feb 01, 2013 Source:SMM

SHANGHAI, Feb. 1 (SMM) – Hebei Iron & Steel unexpectedly lowered silicomanganese alloy procurement prices by RMB 50/mt in February, while most other steel plants maintained prices unchanged from the previous month. Quotes for manganese ore were changed from once a month to once a week, and raised for China, causing production costs at silicomanganese alloy producers to increase further. But given soft downstream demand, any support from costs for silicomanganese alloy prices weakened.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 31 (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
5950-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5850-5950
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5850-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5700
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5500-5600
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5500-5550
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