Evaluation of spot Exchange Day of Electrolytic Manganese on April 30, 2020

[the total supply of electrolytic manganese in April increased by 14.15 percent over the previous month.] on April 30, the ex-factory price of spot tax in the mainstream area of the manganese triangle was concentrated at 10550 yuan / ton, which was temporarily stable compared with yesterday's average price, while the ex-factory price of spot tax in Guangxi was around 10500-10600 yuan / ton, which was the same as the average market price yesterday. Before the festival, the domestic electrolytic manganese retail spot quotation is not less than 10500 yuan / ton as a whole, and the pricing center of some steel recruitment has moved up slightly in the near future. Most manufacturers say that in the later stage, they will support the manganese price to stop falling or will have a small rise. According to SMM statistics, the total supply of electrolytic manganese in China in April was about 113000 tons, an increase of 14.15 percent over the previous month, but at the end of April, manganese triangle operators said that due to the increase in the cost of raw materials such as sulfuric acid and ore, they had a large profit loss, and planned to reduce or stop production at the beginning of May. Therefore, it is expected that the increase in electrolytic manganese production in May is small, and the price of manganese is temporarily stable after the festival. The price of electrolytic manganese in the main producing area of SMM is 10500-10600 yuan / ton, the average price is the same as yesterday.