Manganese Metal Flakes Price
At present, the number of companies that have resumed production of manganese metal flake has reached 17, including 3 in Chongqing, 3 in Guizhou, 2 in Hunan, 5 in Guangxi, and 1 each in Ningxia, Xinjiang, Sichuan, and Yunnan. And other manganese metal flake factories in various producing places are also preparing to resume production recently. At present, China's daily output is 3,000 tons, of which a Ningxia company has the largest output, with a daily output of 1,500 tons.
Domestic manganese metal flake production capacity is gradually released, but demand has not improved, and more than a dozen transactions are very light. Industry insiders are more pessimistic about the outlook of manganese metal flakes. In addition, at the end of the month, some companies are under pressure from funds and their shipment sentiment is relatively low. High and mostly profitable shipments. And because of buying up or not buying, the downstream purchasing customers have a lower purchasing mood, and they are mainly cautious. At present, the mainstream price of the domestic manganese metal flake market is roughly in the range of 12300-12600 yuan / ton, which is another 100 yuan / ton lower than yesterday's price.
With the weakening of the domestic manganese metal flake market, the overall turnover in the export market has also been relatively light recently. The current FOB quote is around US $ 1830-1870 / ton, but the actual market quote is confusing. The price of the manganese metal flake in the European market has also continued to fall, gradually decreasing from 2260-2300 USD / ton to the current 2080-2200 USD / ton, a decrease of up to 100-180 USD / ton.
Regarding manganese ore: The sluggish transaction situation has not been alleviated. Today, the price of manganese ore has temporarily stabilized and transitioned. Analyze the reasons for the weak performance of manganese ore. The downward stimulus of alloys and the slow resumption of work in some alloy plants are one of them. The second is the strong sentiment about the price reduction of alloy plant purchases. Domestic market: Although the downstream steel mills are about to start a new round of bidding near the end of the month, on the one hand, due to the impact of the epidemic, the price of manganese metal flake has risen sharply after the holiday, and the procurement of downstream steel mills is also relatively more in the process of manganese metal flake capacity gradually recovering. cautious. On the one hand, the downstream steel market is weak, and its inventory is large due to poor shipments, and the issue of steel recruitment has slowed down.
In summary, it is inevitable that the price of manganese metal flake will decline when its own production capacity increases and downstream demand is difficult to follow up.