Silicon Manganese Price

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The silicon manganese market is currently in an impasse, and there is a slight loosening under the overall stability maintenance, mainly because the current social inventory volume is still large, and the demand and transaction performance are not good. At present, there are also 8500 factories in Inner Mongolia and Ningxia in the northern region, but there are also those who have decreased, more concentrated around 8400, and it is not excluded that individual factories are lower than 8400. There are fewer overall offerers in the south, still in the range of 8450-8500 yuan / ton.
Recent factory feedback transactions are not good, inquirers are sporadic, traders also said that the recent procurement is cautious, the overall volume is small, and the opportunity to receive goods on the plate has increased. At present, silicon manganese 6517 has been traded in the range of 8300-8350 yuan / ton, and the price difference between the north and south is not obvious. Today's current company's northern origin basis difference quotation: 05 contract Ningxia, Inner Mongolia shipment minus 330-340, 09 contract Ningxia, Inner Mongolia shipment minus 420.
There are no significant fluctuations on the demand side and no significant changes in the supply side. Recently, Inner Mongolia ushered in the central environmental protection inspector, but it is reported that the overall production of the Ulanqab factory is normal, some factories have stopped production, and some factories have expressed reduced loads. The resumption of production in Guangxi is not obvious, and the resumption of production in the later period will also be mainly 6014. On the whole, neither supply nor demand has broken the deadlock.
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