On April 17th, the benchmark price of electrolytic manganese for SunSirs was 16300.00 RMB/ton, a decrease of -0.31% compared to the beginning of this month (16350.00 RMB/ton).

The overall performance of the electrolytic manganese market this week is weak, with mainstream domestic prices ranging from 14700 to 14900 RMB/ton, which is basically unchanged from last week. In terms of supply, some enterprises in the main production areas have recently ceased production, and supply is expected to be slightly tight. There have been few recent changes in demand, but after the release of information on Puhang's recent bidding, the market has received high attention and is waiting for the final bidding results to be announced. Overall, supported by tight supply, smelters have shown a slight upward trend in prices recently, and the bearish atmosphere in the market has gradually decreased. However, actual transactions are still limited, and there are no obvious signs of improvement in trading. The market is relatively cold, with FOB prices ranging from $2100 to $2140 per ton, slightly increasing. In the future, it is expected that the weak and stable operation will be the main focus, and more guidance on steel bidding prices will be awaited.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.