This week (from January 28 to February 11), 1# electrolytic manganese market price was mainly downward. The spot market price in East China was 41875 yuan / ton last weekend and 40575 yuan / ton this weekend, down 3.1%.
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In terms of manganese ore, the price of manganese ore has increased steadily and strongly, especially for high-grade oxidized ore. The port inventory is running at a low level, the market quotation has increased significantly, some of them can not be closed, the carbonate ore is slightly stable, and there is little room for increase, and the prices of some other non mainstream ores are also followed.
In the first week after the festival, the market price of electrolytic manganese was slightly corrected. Most manufacturers are still on vacation and offer less. The manufacturers are still limited in operation and still stop production and upgrading. The market as a whole is light, and enquiries and transactions are limited.
Manganese silicon: after the festival, the silicon manganese alloy futures and spot performance are awesome, and the industry is very happy. The mentality of the industry is also rising. But the current market analysis is basically a short game, and there are some resistance to the ups and downs. According to the price monitoring of business agency, the mainstream quotation in Ningxia (specification: femn68si18) on February 11 was around 8000-8100 yuan / ton (including tax).
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