SHANGHAI, Mar. 5 (SMM) – As steel plants generally slashed purchasing prices for silicomanganese alloy for March, spot silicomanganese alloy prices trended slightly down. Mainstream traded prices for SiMn 65/17 in Inner Mongolia were between RMB 7,000-7,050/mt, RMB 6,900-6,950/mt in Gansu, and RMB 6,850-6,900/mt in Ningxia (all ex-work prices including tax and by acceptance). However, SiMn 65/17 prices saw no major changes in south China. Silicomanganese alloy supply was relatively tight owing to sluggish downstream demand. Ex-work prices (including tax) for SiMn 60/14 were RMB 5,850-5,950/mt in Guangxi, and RMB 5,950-6,000/mt in Hunan.
Mainstream quotes for silicomanganese alloy today:
Product
|
Brand
|
Province
|
Mainstream Prices Today (RMB/mt)
|
Mainstream Prices on Feb. 4th (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
|
6850-6900
|
6850-6900
|
→
|
Acceptance bill payment, ex-works, including tax
|
|
Silicomanganese alloy
|
Shanxi
|
6800-6850
|
6800-6850
|
→
|
Ex-works, including tax
|
|
Silicomanganese alloy
|
Inner Mongolia
|
6800-6850
|
6800-6850
|
→
|
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
|
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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