ELECTROLYTIC MANGANESE CHIPS MARKET WEEKLY REPORT

The pace of factory resumption is slow, and firm quotations drive the supply and demand balance in the electrolytic manganese market, with transactions continuing to be stagnant. The pre-holiday stocking rhythm is supporting market prices, and overall, there is a strong willingness to support prices, with significantly reduced low-price sources in the market.

Transaction situation: Both buyers and sellers find it difficult to reach a consensus, and the factory-end spot price for electrolytic manganese continues to be around 12,500 yuan per ton. In the trading market, prices are maintained at around 12,800 yuan per ton in Tianjin Port, 12,700 yuan per ton in Huangpu Port, and 12,800 yuan per ton in East China.

Export market: FOB quotations for electrolytic manganese shipped to Taiwan, Japan, South Korea, Southeast Asia, Central Asia, and other regions and countries are around $1,800 per ton. Due to the significant rise in shipping and container prices caused by the previous Red Sea situation, exporters have temporarily suspended CIF quotations to avoid shipping risks. The FOB quotation for electrolytic manganese shipped from Tianjin Port to Rotterdam is generally around $1,840 per ton.

For more details on market trends and pricing information, please consult HAINAN WEST ASIA IMPORT & EXPORT GROUP.