The price of electrolytic manganese rose slightly this week (October 8 to October 14)

The market price of 1 # electrolytic manganese rose this week (October 8 to October 14). The spot market price in East China was 16700 yuan/ton last weekend and 17050 yuan/ton this weekend, up 2.1%.

 

 

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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 K column chart of electrolytic manganese above that since March 2022, the price of electrolytic manganese has continued to decline. After a slight rise in the end of August, the price has continued to stabilize temporarily, and since the end of September, the price has risen slightly. Manganese ore: Affected by logistics and downstream market, the demand for manganese ore dropped significantly this week, and the ore price eased slightly. Tianjin Port is obviously strict in the management of vehicles on the routes of Inner Mongolia, and the automobile transportation is generally increased by 10-20 yuan/ton. Semi carbonic acid in Tianjin Port is 35-35.5 yuan/ton, Australia is about 46.5 yuan/ton, and Gabon is about 40.5 yuan/ton. Australian mineral rights are gradually concentrated, prices remain firm, semi carbonic acid is under certain pressure, Gabon is the most willing to ship, and the overall market is weak, but the low sales situation has eased; At Qinzhou Port, the price of Australia is 46-47 yuan/ton, that of Gabon is 43-43.5 yuan/ton, and that of semi carbonic acid in South Africa is 36-36.5 yuan/ton. With the decline of silicomanganese market in southern ports, the willingness to make inquiries declines, but the port cargo rights are relatively concentrated, and there is a certain game in the price.

 

 This week, the price of domestic electrolytic manganese market continued the trend at the end of September and continued to rise slightly. At present, the mainstream price is around 15500-15800 yuan/ton. Enterprises have a strong price mentality, and it is difficult to find low-cost goods on the market. The overall market is bullish. In the near future, the situation of steel bidding in the steel plant is good. The quantity and price of steel bidding have rebounded to a certain extent compared with the previous period, and the market mentality has also been improved to a certain extent. It is expected that the future market price will still remain stable and strong, with a strong supply and demand game mentality.

In terms of manganese and silicon: domestic silicon and manganese fluctuated slightly, and the futures end showed a general performance. Influenced by black, except for Monday’s rise, other trading periods were in a weak downward pattern. According to the price monitoring of the business community, the market price of silicon and manganese in Ningxia (specification: FeMN68Si18) was about 7150-7250 yuan/ton on September 23, with the average market price of 7225 yuan/ton, up 0.36%.

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