Price rise and fall of major domestic electrolytic manganese markets from November 1 to November 30 (unit: yuan / ton)

Market. Prices on November 1. Prices on November 30. Weekly rise and fall

Yangtze River region, 44200, 40200, – 4000

Shanghai (barreled), 46000, 40500, – 5500

Shanghai (bagged), 45000, 39500, – 5500

This week (from November 1 to November 30), 1# electrolytic manganese market prices mainly declined, with the Yangtze River market at 44200 yuan / ton at the beginning of the month and 40200 yuan / ton at the end of the month, down 4000 yuan / ton.

Manganese ore: the overall downward trend of manganese ore market in October. At the beginning of the month, the bidding price of the steel plant was issued, the price performance was poor, which did not meet the expectations of the silicon manganese alloy plant, the procurement lagged behind, the inquiry was less, and the transaction activity was not high. The weak situation of manganese ore remained unchanged in the middle of the month. On the one hand, it came from the stagnation of purchasing by the alloy factory due to the current negative market. On the other hand, a new round of futures arrived in Hong Kong, the spot inventory at the port increased and remained at a high level. The sale of some minerals was blocked, and the confidence of some miners was deeply hit. Data show that: Port manganese ore: Tianjin Hong Kong and Macao block reported 44 yuan / ton degree, down 3.5 yuan / ton degree from last month; South Africa’s semi carbonic acid reported 34 yuan / ton degree, down 3 yuan / ton degree from the previous month; Gabon block reported 41 yuan / ton degree, down 2.5 yuan / ton degree from the previous month; Qinzhou Port manganese mine: the mainstream Australian block reported 46.5 yuan / ton degree, down 3.5 yuan / ton degree from the previous month; South Africa’s semi carbonic acid was reported as 37 yuan / ton degree, down 4 yuan / ton degree from the previous month; Gabon block reported 42 yuan / ton degree, down 3 yuan / ton degree from last month.

At the end of October, the electrolytic manganese market entered a weak consolidation period. Due to the influence of limited power production in the early stage, the price of electrolytic manganese at home and abroad went up all the way. In the second half of October, the price of electrolytic manganese at home and abroad went up all the way. Later, it was jointly affected by factors such as the fear of heights in the downstream and the unsatisfactory price of domestic steel bidding, The price of electrolytic manganese has entered the market consolidation trend. Although the price has declined this month, it is still in a historically high price range. The fear of heights in the downstream is still strong, and the enthusiasm for purchasing on demand is limited. By the end of November, the mainstream ex factory price of electrolytic manganese was concentrated at 40000-40800 yuan / ton, down 4000-4500 yuan / ton compared with the previous month. At present, the downstream receiving sentiment is cautious, and it is expected that the electrolytic manganese market will still maintain the consolidation trend in the short term.

In terms of manganese and silicon: due to the continuous decline of silicon and manganese prices, some regions are close to the cost price. On the 21st, Ulanqab ferroalloy manufacturers held a symposium. At this symposium, Ulanqab ferroalloy industry association conveyed the spirit of the document “reducing alloy output, reducing energy consumption and promoting the healthy development of the industry” issued by China ferroalloy industry association, and all enterprises said one after another, Under the condition of ensuring the basic needs of downstream users, measures such as peak operation, load reduction and partial shutdown are taken to adjust the production layout. Manganese enterprises plan to reduce the output by 40-50% in December to ensure the stable and orderly operation of the enterprise. As soon as this news comes out, some manufacturers plan to stop production and reduce production. An enterprise in Guizhou will stop the furnace for maintenance from the 23rd, and the resumption time of production is to be determined; Most enterprises in Guangxi will also stop production and reduce production.