6/04/2007

[V2O5] April V2O5 exports surge

Data showed that in April this year, China's export volume soared vanadium pentoxide, but China only exports Korea, Japan's volume rose again, were 817 and 291 tons, exceeding the volume of exports of the Netherlands. It mainly be subject to market rumors V2O5 export rebate policy is to be canceled rumors, April this year makes the overall international market vanadium products are in sharp upward trend, Due to the international market to attract good prices, the Chinese market is basically a lot of vanadium pentoxide has flowed into the international market. It is also for this reason, causing the domestic film of vanadium pentoxide vanadium 98% of the cash tension From April the overall market price of vanadium pentoxide, on the international market seven .7-8.3 U.S. dollars / pounds of vanadium prices at mainstream prices, even today, prices remained at 7 .7-8.1 U.S. dollars / pounds of vanadium.

[Silicon-manganese alloy] May domestic integrated silicon-manganese alloy market assessment

On silicon-manganese alloy market has continued to rise substantially momentum until late this month at prices only gradually stabilized.
At the end of May 1, FeMn65Si17 silicon-manganese alloy prices on the market by the end of the four 7,000 yuan / ton rose to around 80 direct 00 yuan / ton about the price rose almost 1,000 yuan / ton. Meanwhile silicomanganese FeMn60Si14 price steadily upward, but rates relative confusion Price from the pre-5200 -5400 yuan / ton, rises to Labor Day 5800 -6800 yuan / ton prices ranging from the chaos. Subsequent silicon-manganese alloy rapid upward trend of mid-May, Price silicomanganese FeMn65Si17 market has reached 9,000 yuan / ton, Price FeMn60Si14 market also rose to 7,000 yuan / ton universal Price. In mid to late May, the breakthrough silicomanganese FeMn65Si17 million mark. Pakistan is directed straight at 04 hours of the stock market price, when manufacturers began silicomanganese flustered, worried that prices will not like 04 did a sudden sharp fall. The market, on the "around the end of May might be introduced export tariff policy, silicomanganese will export tariffs by 10% to 15% adjustment "hearsay, but also of concern to the industry. export tariffs for the late news and the domestic prices of silicomanganese the impact. In May 22, the state issued the June 1 implementation of the new 142 products of export tax forms silicomanganese and export tariff adjustments have not been ruled out, is still 10% of export tariffs. Although silicon-manganese alloy export tariffs have not been adjusted, but also for export tariffs on steel growth and the impact of the rates have come down in late May to maintain market mainstream Price in 9500 -9800 yuan / ton, to the end, despite the basic transaction price stability in 8500 -9300 yuan / ton, Therefore, the current silicon-manganese alloy prices rose 04 with the rise in rates is not exactly the same.
From the Si-Mn steel mills for the purchase price situation, in mid-May, most of the steel mills due to tight supply of silicon, manganese, Meanwhile manganese increase in the price of raw materials, the purchase price will be on silicomanganese transferred 9,500 yuan / tons. As silicomanganese strong upward trend, many manufacturers expectations silicomanganese prices hoped for 10,000 yuan / ton, Subsequently market was also reported steel purchase prices topped 10,000 yuan / ton of news. In late May, as exports of steel tariffs, Iron & steel's price slipped somewhat and steel mills profit compression, Steel began to suppress for the purchase prices of raw materials, Therefore, more steel stocks silicomanganese most of the purchase prices of 9,000 yuan / ton below and the stock of low steel prices relatively high purchasing some. Steel market trends will have a direct impact on silicomanganese rates change.
In this silicon-manganese alloy prices skyrocketed played a major role in import manganese ore, May also in the whole show is basically the continuing rise in the situation taste the high manganese imports from the early 46 -47 yuan / ton of prices, always rises to the end of the 62 -63 yuan / ton, the highest Price has even reached 66 yuan / ton of prices. Manganese cash shortage, the price of manganese ore is the main reason for the rising, It is also strong with silicon-manganese alloy to the strong support for. Currently on the market, there is news that some manufacturers who wish to produce ferrosilicon silicomanganese alloys, manganese ore Once a cash supply, They will produce silicomanganese. So in the next two months, imports of manganese ore supply of cash, this will affect the late walk silicomanganese City.
On the author's own view, how silicon-manganese alloy outlook, in addition to the above-said to Steel City, imports of manganese ore supply, States also need to pay attention to the current differential pricing for the implementation of environmental protection and rectification efforts from the impact, and the series of national policies and changes in the market, will continue to ORBICOM concern.

[Manganese]China manganese ferroalloy industry now class features several notable and influencing factors

One of the international manganese ore resources on more serious. China's manganese ore resources will not be able to meet domestic production needs. Manganese prices have become decision manganese ferroalloy prices is the key factor, in other words, Manganese resources have decided manganese ferroalloy prices is the key factor, in other words, Manganese resources have decided manganese ferroalloy enterprises can sustainable development a key factor. Similarly, manganese alloy in fact the competitiveness of the enterprises will become manganese competition among enterprises in the iron-manganese pricing, iron and steel enterprises and between enterprises manganese intensity of the game will increase.
2, small-scale industries and enterprises and scattered, large-scale production. China's ferroalloy industry of low-level redundant construction serious problems. National ferroalloy production capacity now reached about 19 million. Involved in the production of enterprises with more than 1,500.
3, environmental protection has been improved, but production equipment is still backward. China's manganese ferroalloy industry in several major manufacturers because of earlier than the production of equipment relatively obsolete. environmental protection facilities not functioning normal. As China's strategy of sustainable development and the implementation of the environmental requirements, will become increasingly strict, The Environmental Protection Department is currently manganese ferroalloy industry should attach great importance to the issue.
4, at this stage, China's capital market, land market and the labor market are not mature and, at this stage, no capital, Land and labor price formation mechanism, eventually led to a series of cost distortion problems. For example, China's production of steel and manganese ferroalloy, the cost of the composition, the capital, Land and labor costs are distorted, the steel and manganese ferroalloy, the real cost is impossible without a reliable estimate out. This is probably a result of manganese ferroalloy industry and the iron and steel industries frenzied expansion of the deep-rooted causes. Of course, if the cost of capital has been underestimated, it will also lead to excessive flow of capital and excessive investment.
5, as China's economic reform and the constant deepening of the country's manganese ferroalloy costs constitute more international, More and more steel mills in the global search for a more stable system of manganese ferroalloy suppliers, We expect that China's manganese ferroalloy imports will be gradually increasing.

[Silicon-manganese alloy] silicomanganese whether tariffs for transfer? ?

Although this does not increase tariffs silicomanganese involved, but the ordinary course silicomanganese export tariff increases the possibility still exists. Inadequate supply of manganese and the soaring prices of Chinese manufacturers and traders silicomanganese very perturbed. Japan to CIF 800 -900 U.S. dollars / ton in the price of 3,4 month signed the orders, no increase in the circumstances, a very difficult delivery, and China's demand for Japanese exporters to importers silicomanganese procurement increase. Zhou on the Japanese steel mills intend to purchase, the lowest CIF Price for 1,400 U.S. dollars / ton. China silicomanganese CIF Japan's mainstream Price for 1500 -1550 U.S. dollars / ton.

[High-carbon ferrochrome] in mid - to late Japanese import high-carbon ferrochrome situation

Japan and South Africa will soon enter negotiations 7 -9 month high carbon ferrochrome price negotiations consignor of the main stage. European stainless steel production started declining tendency, are now facing a turning point. Since the tariff changes after the European stainless steel buyers do not have enough time for negotiations Japan therefore, at this crucial time high carbon ferrochrome has become the main negotiating price policy makers.
South African producers have said the massive increase 7 -9 in the quarter in high carbon ferrochrome prices, But the rate of increase is also unknown. Some South African producers adhere quarter of this price increase at 15 -20 cents / lb, However, from South Africa's message is one of the moderate price increase in the 8 -10 cents / lb. In addition, the Chinese procurement of high-carbon ferrochrome spot price of 115 cents / lb.