On April 27, after the tender price of Hegang fell to 7500 yuan / ton in May, manganese ore and silicon manganese prices rose generally. Although some individual operators said that the increase was lower than expected, the short-term bullish sentiment in the market continued. At the same time, the expectation that the tender price of southern and East China steel mills exceeded 7600 yuan / ton gradually increased, and the price of manganese industry chain in May may be strong as a whole.
Weekly Review of Silicon and Manganese Market on April 27, 2020
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn