6/12/2007

[Electrolytic manganese] electrolytic manganese analysis of the reasons for the continuing rise

Electrolytic manganese recent sustained rise in consolidated sides of the market situation, its rise is mainly due to the following :
1, the nickel price has risen sharply, as well as the raw materials Electrolytic Manganese rhodochrosite shortage Recently China has exacerbated the supply of Electrolytic Manganese tension. As a substitute for nickel, electrolytic manganese consumption in China has increased drastically, Price continued growth in exports. 2, Electrolytic Manganese sales structure has undergone great changes. Electrolytic Manganese before our sales are primarily for the export market, but the export market and domestic market sales gradually approaching.
3, another important factor : Electrolytic Manganese as the raw materials, rhodochrosite domestic supply shortage This will speed up the supply of Electrolytic Manganese tension.
4, stainless crude steel production in China of rapid growth that has greatly spurred the domestic market for electrolytic manganese demand, according to statistics, China's 2005 crude stainless steel production to 3.3 million tons in 2006 to 5.3 million tons, 2007 is expected to reach 6.8 million tons, or even higher.
5, market manipulation and price speculation is one of the reasons for the surge.
6, the macro-control on the industry and the export tax rebate policy adjustment led directly to the factory some measure of administrative control, suddenly in demand at home and abroad under the circumstances, the shutdown of the supply shortfall is the spot price of Electrolytic Manganese direct cause.
Electrolytic manganese in the production of stainless steel metal nickel substitutes, the rising price of nickel circumstances, Electrolytic Manganese domestic right of the heavy demand; Meanwhile, manganese ore supply shortage problem remains unresolved, Other raw material prices have also continued to rise, the Electrolytic Manganese production costs are also rising. These factors have caused the prices of Electrolytic manganese continuing rise. However, a majority of people in the industry believe that the current market price for the number of Electrolytic Manganese exists an element of speculation, The high price of the market is serious hoard goods, encouraged some traders to speculation, but also makes suddenly shrinking market demand, consumers face high prices hesitant, wait-and-see mood a strong market. If there is a large number of brokers to hoard cash, and market prices could at any time face a substantial decrease in risk.

No comments: