The market price of 1 # electrolytic manganese decreased slightly this week (December 9 to December 16). The spot market price in East China last weekend was 17550 yuan/ton, and this weekend was 17500 yuan/ton, down 50 yuan/ton.
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Manganese ore: This week, the northern manganese ore market maintained a consolidation operation, and the overall price did not change significantly, with few deals. The southern manganese ore market was active in trading. The semi carbonic acid cargo right in South Africa was relatively concentrated, and the transaction price was 1-1.5 yuan/ton higher than that of last Friday. The upward momentum of the oxidized ore price slowed down. As for the price, as of the 16th, the amount of carbonic acid in Tianjin Port was about 35.5 yuan/ton, that in Gabon was about 42 yuan/ton, and that in Australia was about 45.5 yuan/ton. Mn28 South Africa high-speed railway had a small supply of goods, and the price performance was firm. The quotation was 30.5-31 yuan/ton. The price of Qinzhou Port remained high. The transaction price of Australia was 47 yuan/ton, Gabon was 44-44.5 yuan/ton, and South Africa’s semi carbonic acid was 39 yuan/ton.
The K-bar chart of commodity prices reflects the weekly or monthly price changes in the form of a bar chart based on the concept of price trend K-line. Investors can buy, sell and invest according to the changes in the K-bar chart. Red means rising; Green means: down; The height of the K column indicates the range of rise and fall. It can be seen from the weekly and monthly electrolytic manganese K-bar chart above that since March 2022, the electrolytic manganese has continued to decline. After a slight rise in the price at the end of August, it continues to stabilize temporarily. Since the end of September, the price has picked up slightly. Since October, the price has remained unchanged for a long time, fluctuated slightly in November, and adjusted narrowly in December.
The price of electrolytic manganese market decreased slightly this week. The mainstream price of the market was 16000-16200 yuan/ton. The bearish sentiment in the market was heavy, and the overall trading was slightly cold. In terms of supply, enterprises have a strong attitude of price fixing, generally above 16000 yuan/ton. The downstream demand is still soft in the near future, and the market is dominated by just needed procurement. However, as the downstream steel plants enter the winter storage season, the market is expected to improve to some extent in the near future. The performance of steel recruitment is average, and the price drops slightly, affecting the market mentality. On the whole, the current electrolytic manganese market is stable and weak. Under the pattern of weak supply and demand, it is expected to maintain a temporary stable operation in the short term. In the long run, there is still a certain demand for winter storage in steel plants, and the market is waiting for the guidance of steel bidding.
This week, the domestic silicon manganese market had a strong trend. The spot price rose steadily, the market transaction was good, the manufacturer’s orders were basically full, and the spot inventory was tight. According to the price monitoring of the business community, the market price of silicon manganese in Ningxia (specification: FeMN68Si18) was about 7200-7300 yuan/ton on December 16, with the average market price of 7225 yuan/ton, up 1.40% weekly.
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