Interpretation of China's manganese product market on June 17

[Silicon manganese] The silicon manganese market fluctuated, and the futures opened with a narrow range of fluctuations. The final pricing of the bidding of mainstream steel mills is still in the game. The price of 6517 in the northern market is 5450-5530 yuan/ton, and the price in the southern market is 5470-5550 yuan/ton.

[Ferromanganese] The price of high-carbon ferromanganese remained stable, with the cash ex-factory price of FeMn65C7.0 at 5300-5400 yuan/ton, and the price of medium and low-carbon ferromanganese was flat, with FeMn75C2.0 ex-factory at 7600-7000 yuan/ton, and FeMn80C0.7 ex-factory at 8800-9000 yuan/ton.

[Electrolytic manganese] The electrolytic manganese market remained stable but slightly weak. There were limited high-priced transactions in the spot market, and most operations were based on demand. The supply and demand game continued. The electrolytic manganese in the Triangle region was 13,400-13,500 yuan/ton, and the electrolytic manganese in Guangxi was 13,400-13,500 yuan/ton.