Supply and demand game, electrolytic manganese prices fell slightly (November 4 to November 11)

The market price of 1 # electrolytic manganese decreased slightly this week (November 4 to November 11). The spot market price in East China was 17300 yuan/ton last weekend, and 17250 yuan/ton this weekend, down 0.29%.

 

Melamine

Manganese ore: With the appearance of alloy plant profits, the manganese ore end also stopped falling and stabilized, and the transactions and inquiries have improved. The semi carbonate in Tianjin Port is about 34 yuan/ton, while Gabon is about 39-39.2 yuan/ton. However, it is difficult to raise the price. The price of Australia is around 43-43.5 yuan/ton, and that of Australia is 38.5-39 yuan/ton. As the price of the external market stopped falling and stabilized, the port merchants were also unwilling to lower their prices, and the overall trend was slightly better. However, because the profits of the manufacturers were still average, the purchasing sentiment for high priced manganese ore was general, and it was still difficult for manganese ore prices to rise.

 

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 risen slightly. Since October, the price has remained unchanged for a long time, and fell slightly in November.

 

EDTA

The electrolytic manganese market fell slightly this week. After a month long game period, the market finally broke the ice this week, and the price of electrolytic manganese fell slightly. At present, the mainstream price in China is 15400-15700 yuan/ton. The overall market negotiation is a little cold and the market sentiment is weak. The game psychology of the supply and demand sides is still strong. The downstream demand is still soft in the near future, and the market is dominated by just needed procurement. The recent performance of steel recruitment is average, and the market guidance is limited. In general, the electrolytic manganese market lacks the support of actual demand. 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, the implementation of production restriction by subsequent enterprises may be beneficial to the market, and the supply and demand game mentality is strong.

 

In terms of manganese and silicon: this week, due to the price of 7450 yuan/ton determined by Hegang Group, although it dropped by 100 yuan/ton month on month, it was slightly better than the market expectation. The retail price was firm to more than 7000 yuan/ton, while the futures market was also strong. With an active market inquiry and procurement atmosphere, the silicon and manganese spot market was stable and good this week. According to the price monitoring of the business community, the market price of silicon manganese in Ningxia (specification: FeMN68Si18) was about 7000-7100 yuan/ton on November 14, and the average market price was 7066 yuan/ton, up 0.71% from Monday.

http://www.lubonchem.com/

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