8/12/2007

[Manganese ferroalloy] early August manganese ferroalloy market analysis

Click here to see more information on Manganese

Enter August, ferroalloy products showed signs of rising, especially iron and molybdenum Electrolytic Manganese rose very obvious, but the main reason is in August after the cash shortage. In mid - to late July to early August, the south part of the disaster mines and smelters home production affected to a certain degree, resulting in a sharp decline in output. Since July of steel procurement of raw materials off-season, ferroalloy production the impact does not seem apparent, ferroalloy market also made plain in late July the market to maintain a stable situation. But in the August, as demand for steel gradually restored, the supply of hidden contradictions gradually emerged, some ferroalloy product prices have risen accordingly.

Electrolytic Manganese DJMn99.7 price increases are very strong, but at the current market price, confusion has emerged tight supply on the market. In late July manufactured quotations in the domestic 17300-17500 yuan / ton to early August prices have risen 20000-21000 yuan to the price, ended last weekend (August 10) the area manufacturers are generally Price 22000-22500 yuan / ton, or even individual manufacturers reported 23,000 yuan / tons of high prices, while most manufacturers face a rapidly rising market is no longer offer. Not only manufacturers, including consumer and commercial traders of all market participants need time to adapt and accept such a market.

By contrast, manganese, silicon, manganese prices stable, manganese ore prices will not continue weak. It is learned that the ports along the supply of manganese ore spot tense situation, 48% of Australian ore prices for the 65-67 yuan / ton, Gabon 46-47% of the manganese ore prices 62 yuan / ton degrees. HCFeMn 65C7.0 current prices in 7200-7500 yuan / ton, carbon ferromanganese prices in the mainstream 17000-18000 yuan / ton; Domestic silicomanganese prices, FeMn65Si17 Price in the southern part of the 7300-7500 yuan / ton, in the northern region Price 7600-7900 yuan / ton .

No comments: