Current prices today, translated from Chinese
"According to CBC statistics, today's high-grade manganese ore generally rises by 1-2 yuan/tonne. At present, the price of Australian Mn46% manganese ore in Tianjin Port is 43.75-45.25 yuan/dmtu, Qinzhou Port is 44.75-46.5 yuan/dmtu; Tianjin Port **on Mn43% manganese ore is 40.25-41.75 yuan/dmtu, Qinzhou Port 41.25-42.75 yuan/dmtu; Tianjin Port South Africa Mn36% semicarbonate manganese ore 35-36 yuan/dmtu, Qinzhou Port 37.25-37.75 yuan/dmtu
[CBC Daily Review] Si-Mn prices run at high levels on October 11
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2021-10-11 17:28
On October 11, 2021, the price of silico-manganese continues to run at a high level. The price range of silico-manganese 6517 in mainstream areas is 11,800-12,300 yuan/ton, with an average price of 12,050 yuan/ton.
At the beginning of the week, silico-manganese prices continued to run at a high level due to the lack of spot stocks. It is understood that due to the continuous rain in Shanxi during the National Day, all 60 coal mines in Shanxi were shut down, which made the power shortage problem even more serious. At present, there is still a large power gap in the main producing areas of silico-manganese. Many silico-manganese alloy plants have either halted production or significantly reduced production. The market silico-manganese spot is tight. In addition to the decrease in supply, the recent continuous increase in manganese ore prices is another important factor in the high price of silicomanganese. According to CBC statistics, today's high-grade manganese ore generally rises by 1-2 yuan/tonne. At present, the price of Australian Mn46% manganese ore in Tianjin Port is 43.75-45.25 yuan/dmtu, Qinzhou Port is 44.75-46.5 yuan/dmtu; Tianjin Port **on Mn43% manganese ore is 40.25-41.75 yuan/dmtu, Qinzhou Port 41.25-42.75 yuan/dmtu; Tianjin Port South Africa Mn36% semicarbonate manganese ore 35-36 yuan/dmtu, Qinzhou Port 37.25-37.75 yuan/dmtu. In summary, under the dual effects of rising raw material prices and declining silico-manganese output, silico-manganese prices have continued to run at a high level recently.
CBC's point of view: In the short term, the shortage of electricity in various regions will continue, which means that the low silicomanganese output will continue. Coupled with the recent rise in manganese ore prices, it is expected that silicomanganese prices will continue this week. rise.
E25 Price at posting:
$1.91 Sentiment: None Disclosure: Not Held
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