Imported Manganese Mines Frequently at Low Prices Domestic Market Downturn

Imported manganese ore prices continue to fall today, and the phenomenon of lower prices has frequently appeared. The volume of enquiries declined sharply, and the turnover was even more extreme. The weakness of the downstream market has created a heavy blow to the manganese ore market: Zhanjiang Port is now Mn45% Gabon, 62 yuan/ton, Mn38% South Africa, 58 yuan/ton, and Qinzhou Port, Mn38% Fe5%, Australia, 59 Yuan/ton.

At present, the mainstream price of domestic silicon and manganese market is in the range of 7900-8400 yuan, market conditions are still sluggish, and the downstream market demand is light, with poor transactions. Most of the ferromanganese business down offer, the range of 200-300 yuan, the current 65 # high manganese market mainstream offer 8000-8400 yuan, the mainstream of manganese 78C2.0 market quoted at 11200-11500 yuan.

Electrolytic Manganese Market Due to the large number of electrolysis manganese plants being discontinued, the downward speed and rate of manganese carbonate prices are lower than expected, and many manufacturers have raised their prices by a slight rebound in Lon Nickel prices. The current mainstream price is 14100-14300 yuan/ton, in some regions. Appeared price increases, offer 14400-14500 yuan / ton.

From the demand point of view, only 30% of the stainless steel plant production capacity release, can not give a strong demand for electrolytic manganese support, traders do not dare to rush cargo. Only Lun Nickel's surge can give the manganese enough hype. Therefore, the short-term speculation can only be imaginary. If there is no rigid support or favorable policies, then the rise can only be re-looked.

As far as the current situation is concerned, there is no change in the stainless steel market, and the spot price has gone down another step. If the outer disk loses its support, the tone of manganese ore will continue to decline in the later period. Expected market outlook or further down.