Home / Metal News /  / Spot Price of Electrolytic Manganese in domestic Market on April 17, 2020
Spot Price of Electrolytic Manganese in domestic Market on April 17, 2020
Apr 17,2020 11:48CST
translation
Source:SMM
[electrolytic manganese market runs smoothly on Friday]
The content below was translated by Tencent automatically for reference.

[smooth operation of electrolytic manganese market on Friday] on April 17, spot including tax shipments in the mainstream area of the manganese triangle revolved around 10400-10500 yuan / ton, which was temporarily stable from yesterday's average price. Guangxi today's spot including tax ex-factory quotation is concentrated at about 10450 yuan / ton, which is more stable than yesterday's average price. Today, most of the domestic manganese plants deliver documents normally, and the spot quotation in the market has not changed much as a whole. Other small factories have maintained normal daily production after delivering a small number of orders in the early stage, and there has been no obvious reduction in production and increase in production. Among them, the retail spot quotation is basically about 10450 yuan / ton. In the middle of the month, the manganese price in the market is subject to the downward trend of the overall purchasing average price of steel in April, and the increase is expected to be limited in the later period, but most manufacturers are not less likely to see manganese prices fall in the short term because of the increase in production costs and the increase in prices. Therefore, as of Friday, the focus of trading in the spot market is stable. The price of electrolytic manganese in the main producing area of SMM is 10400-10500 yuan / ton, and the average price is temporarily stable compared with yesterday.

 

Electrolytic manganese
spot
price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news