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Manganese Ore Silicon Manganese Heading for Good High Manganese Heart(18/06/2019)

CFO2019-06-18: Recently, the high manganese market activity has increased, factory shipments are smooth, mostly to implement orders, the overall operation of the market is relatively stable, currently the mainstream around the price of 6500 yuan/ton.

With the sustained strength of the Silicon-manganese market, the current price of the Silicon-manganese market is around 7400-7500 yuan/ton, and the upstream manganese market is also beginning to rise. Since last week, Tianjin Port manganese ore quotation closed and the mood has been raised. Today, the price of the mainstream manganese ore in Tianjin Port has increased by 2.0 yuan/ton. It is known that the transaction price of Tianjin Port-Macao block has risen to 52 yuan/ton, and the low-price source is difficult to find. Driven by the good trend of upstream and related products, the high manganese market is also heartening. Some manufacturers tentatively raise their quotations, but the overall acceptance of downstream is not high. At present, the spot price of the market is still around the range of 6500-6600 yuan/ton. Moreover, under the restriction of market operation tone and overall market demand, it is expected that the price of high manganese will have limited space to rise.


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