Evaluation of spot Exchange Day of Electrolytic Manganese on April 8, 2020

[individual steel pressure price range increase manufacturers' willingness to ship is not strong] on April 8, 2020, the spot including tax ex-factory price in the mainstream area of manganese triangle was quoted at 10300-10500 yuan / ton, which was the same as yesterday's average price. Guangxi today's spot quotation around 10400-10500 yuan / ton, more stable than yesterday's average price. Today's electrolytic manganese spot market quotation is more stable than yesterday's overall stability at 10400 yuan / ton, although some manufacturers have spot high in 10500 yuan / ton, but the actual transaction intention downstream is not strong. In addition, as of today, Baowu Group in April electrolytic manganese tax acceptance to the factory price of 10500 yuan / ton, month-on-month drop of 1500 yuan / ton compared with March, April procurement volume is the same as March in 4000 tons, according to the majority of the market that the steel price is on the low side to accept orders is not strong, and other domestic steel mills in April pricing difference, short-term manganese price rise is limited, weak and stable operation. 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 yesterday.