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Daily Review of Silicon and Manganese Market on April 16, 2020

iconApr 16, 2020 11:41
Source:SMM

April 16, today's national silicon manganese and imported manganese ore spot market is relatively stable, the quotation range is the same as yesterday; Silicon manganese futures market pulled up today obvious, manganese silicon 2005-manganese silicon 2010 contract rose more than 4%, it is necessary to let think that the round of sharp rise may be due to the market expected to import manganese ore stocks in May will be significantly reduced, at this time the use of financial advantages to significantly pull up futures prices, in order to drive up the spot price of silicon and manganese, and further raise the price of manganese ore.

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