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Evaluation of spot Exchange Day of Electrolytic Manganese on April 15, 2020

iconApr 15, 2020 12:00
Source:SMM
[manganese factory spot high price downstream procurement cautious]

[manganese factory spot high price downstream procurement cautious] on April 15, the average ex-factory price of spot tax in the mainstream area of manganese triangle was quoted at about 10450 yuan / ton, up 50 yuan / ton compared with yesterday's average price. Guangxi spot quotation today revolves around 10400-10500 yuan / ton, which is stable compared with yesterday's average price. Today, the manganese triangle electrolytic manganese spot talks compared with yesterday slightly increased by 50 yuan / ton, other southern parts of a small number of spot insist on reporting in 10350RMB / ton, the current electrolytic manganese spot price atmosphere is strong, manufacturers low price shipment willingness is not strong, downstream procurement enthusiasm is not high, more cautious operation, in addition, some manufacturers temporarily to submit documents, spot resources are not temporary market quotation. According to marketers, Baosteel Desheng launched a tender for electrolytic manganese in April, with an open tender of 2000 tons. In addition, Posco in South Korea will open a tender plan for electrolytic manganese in May this week. SMM will continue to update steel recruitment information, and short-term manganese prices may be stable for the time being. The price of electrolytic manganese in the main producing area of SMM is 10350-10450 yuan / ton, which is 50 yuan / ton higher than that of yesterday.

 

Electrolytic manganese
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daily review

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