Price rise and fall of major domestic electrolytic manganese markets from December 17 to December 24 (unit: yuan / ton)

Market, Price on December 17, Price on December 24, Weekly rise and fall

Average price in Shanghai market, 41600.,39500.,- two thousand and one hundred

Shanghai (barreled), 41250, 39250, – 2000

Shanghai (bagged), 40250, 38250, – 2000

This week (from December 17 to December 24), 1# electrolytic manganese market price mainly declined. The spot market price in Shanghai was 41600 yuan / ton last weekend and 39500 yuan / ton this weekend, down 2100 yuan / ton.

Manganese ore: the price of manganese ore this week is mainly stable temporarily. Some miners have a strong attitude of supporting the price due to high cost, low intention to ship at low price and strong wait-and-see mood. With the strengthening of manganese silicon futures and the improvement of downstream demand, manganese ore prices rose slightly.

This week, the spot market of electrolytic manganese was mainly downward. As of the 24th, the domestic mainstream ex factory price was 36000-38000 yuan / ton, down 2000 yuan / ton from last week. Recently, the overall downstream demand is weak. Some manufacturers have the need to withdraw funds and sell at a low price. The downstream still focuses on just needed procurement, and the actual transaction is weak. According to market news, the alliance has a shutdown plan in early 22. At that time, the supply of electrolytic manganese is expected to be tight, but the downstream manufacturers also have a production reduction plan in the same period, and the situation of weak supply and demand is expected to be strong. Therefore, it is expected that the price of electrolytic manganese will remain high in the short term, and the follow-up trend needs to pay attention to the implementation strength and duration of the alliance’s shutdown.

In terms of manganese and silicon: according to the price monitoring of business society, the mainstream quotation in Ningxia (specification: femn68si18) was 7700-7900 yuan / ton (including tax) on December 24, up 50-100 yuan / ton compared with last week. As of December 23, the weekly demand for silicon and manganese was 130512 tons, down 2.63% from last week. Silicon manganese weekly supply of 177380 tons, an increase of 2.24% over the previous week. The national inventory was 115050 tons, an increase of 19900 tons over last week.