Price rise and fall of major domestic electrolytic manganese markets from November 12 to November 19 (unit: yuan / ton)

Market. Prices on November 12. Prices on November 19. Weekly rise and fall

Yangtze River region., 43000., 43000., 0

Shanghai (barreled), 42500, 42500, 0

Shanghai (bagged), 41500, 41500, 0

This week (November 12 to November 19), 1# electrolytic manganese market price was temporarily stable and fluctuated. The Yangtze River market was 43000 yuan / ton last weekend and 43000 yuan / ton this weekend, flat. Although the weekly comparison price was flat, the electrolytic manganese price first rose and then fell during the week, increased slightly at the beginning of the week and fell back to last week’s price at the end of the week.

Manganese ore: although subject to cost constraints, miners are not willing to cut prices and take goods, the manganese ore market is weak this week under the condition that the silicon manganese alloy market continues to be weak, the overall demand has not been significantly improved and the price reduction phenomenon is obvious. The data on November 12 showed that the price of manganese ore in the port fell. The mainstream Australian block in Tianjin Port reported 44.5 yuan / ton degree, the semi carbonic acid in South Africa reported 35 yuan / ton degree, and the Gabon block reported 42 yuan / ton degree; The price of manganese ore in Qinzhou port also showed a downward trend. The mainstream Australian block reported 47.5 yuan / ton degree, the semi carbonic acid in South Africa reported 38.5 yuan / ton degree, and the Gabon block reported 44 yuan / ton degree.

The electrolytic manganese market entered a weak consolidation period at the end of October. Due to the influence of power production restriction factors in the early stage, the price of electrolytic manganese at home and abroad went up all the way. The price was weak consolidation at the end of October. The mainstream ex factory price of 1# electrolytic manganese this week was concentrated at 41000-42000 yuan / ton, down 1000-1500 yuan / ton compared with last week. The price rose tentatively in the middle of the week, but the downstream is afraid of high and cautious in receiving goods. The market looks forward to the latest guidance on steel bidding this month. It is expected that the electrolytic manganese market will continue to maintain the consolidation trend in the short term.

Manganese and silicon: as of November 18, the weekly demand for silicon and manganese was 133114 tons, down 2.04% from last week. The weekly supply of silicon manganese was 191443 tons, an increase of 3.81% over the previous week. The operating rate continued to rise slightly this week, while the demand decreased and increased compared with last week. This week’s notice on the re production restriction of steel mills: the work plan for staggered peak production of iron and steel industry in Hebei Province in the heating season 2021-2022 was issued. The implementation object is iron and steel smelting enterprises in Hebei Province (including central enterprises and Tianjin enterprises), and the implementation time is from November 15, 2021 to March 15, 2022. The scope of implementation is Shijiazhuang, Tangshan, Handan, Xingtai, Cangzhou and Xinji. Chengde, Zhangjiakou and Qinhuangdao shall be implemented with reference. Phase I: from November 15, 2021 to December 31, 2021, to ensure the completion of the target task of reducing crude steel output in this region. Phase II: from January 1, 2022 to March 15, 2022, with the goal of reducing the increased emission of air pollutants in the heating season, in principle, the proportion of staggered peak production of iron and steel enterprises in relevant cities shall not be less than 30% of the crude steel output in the same period of the previous year. As soon as this news came out, the confidence of the industry was obviously hit, and the overall pessimism increased. News of steel plant shutdown and production reduction continued, and the demand decreased significantly. Recently, some silicon manganese enterprises have also heard the news of shutdown and production restriction, but so far, it does not seem to have a significant impact.