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Evaluation of spot Exchange Day of Electrolytic Manganese on April 7, 2020
Apr 7,2020 11:28CST
translation
Source:SMM
Evaluation of spot Exchange Day of Electrolytic Manganese on April 7, 2020
The content below was translated by Tencent automatically for reference.

[after the festival manufacturers orderly shipment manganese price continues temporarily stable situation] on April 7, 2020, manganese triangle mainstream area spot including tax ex-factory price is quoted at 10300-10500 yuan / ton, compared with the average price before the festival is the same; Guangxi area today spot quotation around 10400-10500 yuan / ton, more stable than the pre-festival market quotation. On the first day after the festival, the manufacturers in various regions delivered the goods orderly according to the orders signed before the festival, and the transaction prices were mostly about 10300 yuan / ton, but the negotiation price of this batch of orders was basically more than 10400 yuan / ton, but the acceptance of high prices was not high in the downstream, coupled with the strong willingness of buyers to purchase more and lower prices, the final adjustment of manganese prices was limited, and the market price of electrolytic manganese may be weak and stable in the short term. In addition, before the festival, some domestic steel procurement has been priced, converted electrolytic manganese ex-factory price concentrated in 10200 yuan / ton, so today electrolytic manganese quotation is more stable. The price of electrolytic manganese in the main producing area of SMM is 10300-10500 yuan / ton, and the average price is temporarily stable compared with that before the festival.

 

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