Silicon Manganese

Today's silicon manganese market is running, the north's silicon manganese production is still at a high level, and there is no short-term production reduction plan, the recent north-south cost gap increases, the South's production enthusiasm decreases, and the production stoppage situation will increase in November, 6517 North's cash factory 6000-6100 yuan/ton, the South's 6050-6150 yuan/ton.

On the futures end, the silicon manganese main 01 contract closed 6342 on October 29, a range of -0.19%, down 12, and a one-day reduction of 6464 lots. Silicon manganese fundamentals are still more, inhibiting the upward height of the disk.

Manganese mine end, Tianjin Port today's manganese mine market quotation continues to be strong, most miners loss pressure is large, shipment willingness is general, to stay on the market, the price of South Africa semi-carbonic acid 32-32.5 yuan/ton degree, Gabon mainstream offer 37 yuan/ton degree, Australian block offer 41-42 yuan/ton degree. Qinzhou Port: Today, Qinzhou port manganese ore price consolidation, market inquiry activity increased, semi-carbonated price 32.5-33 yuan/ton, Australian block price 44-45 yuan/ton, Gabon block price 42-42.5 yuan/ton, South Africa high-speed rail price 31 yuan/ton.

Overall, the state of excess capacity of silicon manganese continues, and the rise of silicon manganese is limited.