"Dark Horse" Spot Silicon Manganese Soared 12.28% This Week, page-236

"Wow that’s US$6710 per T"
Not that high as its US lbs which is 2204.6 lb  to a tonne, not the UK lbs which is 2240lbs to a UK long ton.
However converted to Aussie dollars its about A$9,000/t  (A$8998.49/t to be exact)
Its ferrosilicon thats gone gangbusters because of the huge power  requirement to produce one tonne of FeSi.
Observing OMH previous Quarterly reports we can note that a single  OM Sarawak  furnace  produces 65 tonnes of FeSi/day (8,500 kwh/t) but the same furnace can produce 154 tonnes of FeMn. (3,000 kWh/t)
Therefore I don't think we'll see the manganese alloys go into the stratosphere like Ferrosilicon, although the gains are already spectacular they must be getting close to the uppper limit. An export price of US$2,500/tone will be about the top, unless there are further restrictions and supply imbalances.

Silicon manganese market on the 12th: generally rising, the price difference between the north and the south

2021-10-12 14:28:04 Source: Lange Steel Network




　　Today, the domestic silicomanganese market has generally risen. It is understood that the recent changes in the supply of silicomanganese in southern China have attracted much attention. Some factories in Guangxi resumed production, steel bid prices have settled, and some stockists have increased their enthusiasm for shipments. Market views have been divided due to various factors. Some industry players believe that the silico-manganese production area continues to introduce more policies, and the possibility of large-scale impact on production is small, and the supply in the south has eased compared with September, and it is more difficult for market prices to continue to rise. However, some industry players believe that some factories in Guangxi resume production, but the load is still controlled in the 20%-50% range, and the output rate is limited. According to feedback from the factory, the electricity price in Guangxi has risen by 10% on the previous basis. The power curtailment situation in Inner Mongolia is still fluctuating and unstable, and the factory reported that the electricity price has risen by 0.2 yuan/kWh, and the cost is pressured from manganese ore to electricity price. Due to the large backlog of orders in the early stage, the contradiction between supply and demand cannot be eased in a short period of time, so continue The sentiment of high position preference remains unchanged. At present, the overall price of the factory is still high. The northern factory reports above 13,000 yuan/ton, which is not a minority, and the southern factory is relatively concentrated in the range of 12,500-13,000 yuan/ton. From the perspective of transaction, the mainstream transaction has not yet continued to rise, and it is relatively stable in the range of 12,300-12,800 yuan/ton. Orders have varying degrees of urgency and prices are different.