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Daily Review of domestic Electrolytic Manganese on April 13, 2020
Apr 13,2020 12:44CST
translation
Source:SMM
[at the beginning of Zhou Dynasty, the manganese plant is not willing to accept the high price downstream of the continuous high price.]
The content below was translated by Tencent automatically for reference.

[early Zhou Manganese Plant continues to bid downstream high price is not strong] on April 13, the spot including tax ex-factory price in the mainstream area of the manganese triangle was quoted at 10300-10500 yuan / ton, which was the same as the average price on Friday. Guangxi today's spot quotation around 10400-10500 yuan / ton, more stable than the average price on Friday. At the beginning of Zhou Dynasty, the overall spot quotation of electrolytic manganese in southern China continued to be stable, and some manganese factories were producing and delivering April orders. Affected by the recent port manganese mine quotation, the retail spot price of manganese factory was about 10500 yuan / ton. However, some operators said that the purchase willingness of the downstream high price is not strong, and the actual negotiation will eventually fall back to about 10300 yuan / ton. At the beginning of the week, it was heard that the purchase price of metal manganese ingots in North Steel Plant in April was 11500 yuan / ton. SMM believes that the overall demand for metal manganese in downstream steel mills at home and abroad has a decreasing trend, and it is expected that there is little room for manganese price to rise in the later period, and maintain weak and stable operation in the short term. The price of electrolytic manganese in the main producing area of SMM is 10300-10500 yuan / ton, which is stable compared with last Friday.

 

 

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