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Medium carbon ferromanganese price strikes north and south price varies a lot

2017-02-23

           With the upstream manganese ore prices and other manganese alloy prices continue to decline, in the market, price of carbon ferromanganese also gradually dropping. 75 # manganese foreign offer is also basically from 12,400 yuan / ton fell to the current 10,300 yuan / ton, half a year after the decline in carbon and manganese ferromanganese has reached 2,100 yuan / ton, the current lack of enthusiasm in the market demand for carbon ferromanganese. There is a big difference of manganese plant prices in north and south and the transaction prices while the downstream wait and see atmosphere. Industry in the carbon ferromanganese market outlook lack of confidence, bearish sentiment is more intense.
       The current south China 75 # Pu phosphorus manganese manufacturers offer concentrated in the 10300-10500 yuan / ton range. Part of the manganese plant orders have been signed to the beginning of March, while some manganese plant is still a certain amount of manganese stock, while none of the enthusiasm of the ship is relatively slightly higher. Although the southern manganese enterprises offer a slight low, but most of the manganese plant that the upstream raw material price is not obvious. If the latter part of the market price of ferromanganese is still significantly lower, then part of the manganese plant losses will gradually cut off after the maintenance, so that there is a certain amount of manganese down the space, but the decline should not be too much. While the northern manganese plant 75 # manganese offer is still high steady at 11,000 yuan / ton, low prices will be lower, with the south in the price of manganese 500-700 yuan / ton, while the north manganese plant also in the manganese market. Also optimistic about the mentality, that the impact of the entire manganese by the line, in March the price of carbon ferromanganese steel will also continue to fall, and the specific decline may still be large, so in March the northern region of carbon ferromanganese spot prices will continue to fall with the price of steel strokes.