Evaluation of spot Exchange Day of Electrolytic Manganese on April 20, 2020

[the spot quotation of the manganese factory at the beginning of the week is relatively stable, most of the delivery orders are mainly] on April 20, the spot including tax shipment in the mainstream area of the manganese triangle revolves around 10400-10500 yuan / ton, which is temporarily stable compared with the average price on Friday. Guangxi today's spot including tax factory quotation revolves around 10400-10500 yuan / ton, which is the same as last Friday's offer. On Monday, most manganese plants in various regions produced and delivered April orders, with few spot resources, and said that the current order negotiation range was concentrated at about 10300 yuan / ton. At present, the retail spot resources of southern manufacturers are concentrated at 10500 yuan / ton, which is temporarily stable compared with the average price last Friday. At the beginning of the week, there were fewer enquiries in overseas markets. According to exporters, the quotation was concentrated at about 1490 US dollars / ton, continuing a weak and stable situation. In addition, Posco in South Korea has announced that the amount of electrolytic manganese purchased in May is 2185 tons, a sharp decrease of 1805 tons compared with the bidding volume in April. The purchase price is uncertain, and SMM will update more steel recruitment information in a timely manner. The price of electrolytic manganese in the main producing area of SMM is 10400-10500 yuan / ton, the average price is the same as that quoted last Friday.