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[SMM analysis] the national blockade of the serious epidemic in India was extended to the end of May and the import volume of manganese products decreased significantly.
May 19,2020 15:12CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM5, March 19: according to data released by the Indian Ministry of Health on the 17th, there were 4987 new confirmed crown cases in the country as of that day, the highest one-day increase since records. India began to implement a national blockade on March 25, and has been extended twice. The current deadline is May 17. On the afternoon of the 17th, the Indian Ministry of the Interior issued guidelines to extend the national blockade for another two weeks from the 18th to May 31.

During this period, schools and educational institutions across India continued to be closed, urban subways continued to shut down, and entertainment venues such as hotels, shopping malls, bars and cinemas were not allowed to open. In addition to meeting medical needs, international and domestic flights will continue to be suspended. However, local restaurants can provide takeout services and allow some sports venues to open.

It is reported that according to the guiding principles, after a consensus has been reached between states, the interconnection of passenger vehicles can be allowed, but not in the area of separation. In addition, a curfew was imposed throughout India from 19:00 to 7 a.m. the next day during the extended blockade, which was strictly prohibited from going out except to meet the necessary needs.

According to SMM, although India's blockade measures have been extended to the end of May, some commercial and industrial restrictions may be gradually opened at a later stage. In addition, with regard to the liberalization of import and export trade, some domestic manganese traders said that it is expected that India's imports of forged manganese and unforged manganese will decrease significantly from April to May. Basically, 60% of China's total exports of forged manganese and manganese products are exported to India. If the epidemic situation and protective measures in India are controlled effectively in the second quarter, the demand for manganese products in China may be restored in the later period.

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