Recently, the market price of manganese ore has continued to fall. With the improvement of futures , the price downward trend has slowed down. As the ore price has dropped, the number of inquiries from manufacturers has also increased, but the transaction price has not increased. Significant improvement, but still running weak overall. The transaction price of Mn36 semi-carbonic acid is about 32.5-33 yuan/ton degree, the difference between high-end products is about 1 yuan/ton degree, Gabon html is about 442.5 yuan/ton degree, and the Australian block is about 45 yuan/ton degree. Compared with semi-carbonic acid, oxide ore There is a little bit of room. The price of manganese ore in Qinzhou Port also continued to decline, and traders' shipping sentiment was highlighted. South Africa's semi-carbonic acid dropped by 0.5 yuan/ton degree from 36 yuan at the beginning of the week, and the transaction price was between 35.5-35 yuan. .8 yuan/ton degree, oxidized ore has a price but no market, the Australian block price is 48.5-49.5 yuan/ton degree, the Gabon block price is 46.5-47.5 yuan/ton degree, and the Australian seed price is 44-45 yuan/ton degree. Since most manufacturers in Guangxi are reducing production and suspending production, manganese ore that was originally used for self-use can be traded, resulting in an increase in the amount of manganese ore that can be circulated on the market. At the end of the month, three small ships arrived one after another, creating a certain inventory pressure. In the short term, the manganese ore market will still be in a weak position, prices will be difficult to support, and there is some room for downside.
Downstream silicon manganese : The futures price has improved in the past two days, market confidence has recovered compared with the previous period, the spot side has maintained stable operation as a whole, there are few scattered spot transactions, and some traders choose to deliver the market. The current ex-factory quotation in the market is 7,100 yuan/ton, and the quotation in the south is 7,100-7,300 yuan/ton. The manufacturers are obviously reluctant to sell, and their willingness to ship at low prices is low. In addition, as the supplementary recruitment of some steel mills in August and the bidding in September are approaching, the price-promoting mentality of manufacturers has gradually become more prominent. The current bidding price of East China steel mills is 7,300-7,400 yuan/ton. Some southern steel mills have low inventories and have begun to recruit additional steel. It is expected that the market will also launch a new round of steel recruitment next week.
At present, the operation of silicomanganese manufacturers in the north is relatively stable, while the operation in the south is still at a low level. The demand at the mine end is also different between the north and the south, and the operation will remain weak and stable in the short term.
