The price of electrolytic manganese keeps falling
It is reported that since August, the price of electrolytic manganese has dropped rapidly with a daily trend of 200 yuan, but the market demand has not improved significantly. Only a few major manufacturers reported that they were out of stock and offered firm quotations.
The quotations in the export market fell rapidly, and the FOB quotations of exporters in the morning market dropped rapidly to around US$1,630-1,650/ton. Some industry players reported that the CIF transaction in Rotterdam has reached US$1,610/ton. Today, the deadline for Hyundai’s bidding is coming soon, and the final pricing industry is still expected. very optimistic.
Hainan West Asia Group believes that the current industry is basically based on the principle of small profit sharing for inquiries and orders. Although some factories intend to firm their quotations at the level of 12,000 yuan/ton due to cost factors, the current export market quotations are converted to domestic spot prices. The gap is huge, and the mentality of entering the market after waiting for the bottom of the market is mostly.
For more ferroalloy information on price trends and market conditions, please contact Hainan West Asia Group.
- Export - Metals
- silicon manganese
- Inoculant
- Silicon Carbide
- Recarburizer
- Ferro Silicon
- Silicon Metal
- Ferro Manganese
- High Carbon Silicon
- Nodulizer
- Cored Wire
- Silicon briquette
- Silicon powder /Micro Silicon-Powder
- Silicon slag/Low carbon silicon
- Ferro chrome
- Calcium Silicon
- Electrolytic Manganese Flakes
- Ferro Silicon Aluminum
- Silicon aluminum barium calcium
- Silicon calcium manganese
- Silicon barium calcium
