Evaluation of spot Exchange Day of Electrolytic Manganese on April 23, 2020

[the center of gravity of the electrolytic manganese market is temporarily stable] on April 23, the ex-factory of spot tax in the mainstream area of the manganese triangle revolved around 10400-10500 yuan / ton, which was stable compared with yesterday's average price, while Guangxi's spot including tax ex-factory quotation was concentrated at about 10500 yuan / ton, which was the same as the average market price yesterday. Recently, the retail spot quotation of most manganese factories in southern China has changed little compared with the beginning of the week. The trading center is still reported at 10500 yuan / ton (cash factory). The mentality of the mainstream manufacturers in each region is relatively firm. The lower price is purchased at a lower price and the spot situation is less. In addition, some operators say that the current order negotiation price has also gradually moved up to 10300 yuan / ton, and the on-site inquiry and the actual transaction atmosphere are general. Some of the transaction support prices are expected to be stable, and it is expected that the electrolytic manganese will run stably in the later stage. 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's quotation.