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Evaluation of spot Exchange Day of Electrolytic Manganese on April 14, 2020
Apr 14,2020 12:08CST
translation
Source:SMM
Evaluation of spot Exchange Day of Electrolytic Manganese on April 14, 2020
The content below was translated by Tencent automatically for reference.

[the focus of trading in the electrolytic manganese market is strong] on April 14, the average ex-factory price of spot tax in the mainstream area of the manganese triangle was quoted at 10400 yuan / ton, unchanged from Monday's average price. Guangxi today's spot quotation around 10400-10500 yuan / ton, more stable than yesterday's average price. At present, the spot quotation intention of most manganese factories is 10500 yuan / ton (cash shipped), which is slightly higher than the overall center of gravity of spot trading in the early market. Some southern manufacturers say that they are currently subject to high costs and are unwilling to conclude transactions of less than 10400 yuan / ton. The market inquiry atmosphere is slightly slower than a few days ago. Downstream procurement is not willing to accept high prices, wait-and-see mentality is the majority. Short-term electrolytic manganese spot stable operation. The price of electrolytic manganese in the main producing area of SMM is 10300-10500 yuan / ton, and the average price is more stable than yesterday.

 

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