Some info on latest Silico manganese, translated from Chinese...

Some info on latest Silico manganese, translated from Chinese website, for those OMH Chinese investors https://www.thjb.net/hjxx

Morning guidance on January 10

The Ferroalloy Spot Network reported on January 10: The Spring Festival is approaching. Under the circumstances that some enterprises have already entered the state of vacation, the recent market of silicon-manganese alloy has basically been running smoothly without major fluctuations. In view of the later market, considering the high electricity prices in the southern region (now Guangxi region is waiting for electricity prices to be clear, some small factories have stopped production, as for large factories, they have put production suspension on the agenda). Or can still be expected. However, some people said that at the end of the year, some companies have financial pressure, and their willingness to ship may be strengthened. At the same time, the accumulation of inventory during the Spring Festival may also be a drag. Be careful.

　　The latest statistics show that the current mainstream market price is around 6200 yuan / ton. In addition, the quotation in Ningxia is about 6150 yuan / ton, the price in Inner Mongolia is around 6200 yuan / ton, the price in Guangxi and Guizhou is around 6,450 yuan / ton, and the price in Anyang is 6400 yuan / ton (the above are all tax-included prices).