Source: Mangyan Silicon Language

"Ferroalloy Online" 2024-4-28: Individual high-priced transactions continue to advanceredgrouper, factory inquiries and purchases are activeredgrouper, manganese ore market sentiment continues to be high and quotes continue to rise. Today, we learned that the high price for the Tianjin Hong Kong and Macao block is 60 yuan/ton, the price for the Gabon block is 55 yuan/ton or higher, and the price for the South African block is 50 yuan/ton or above. There are still many manganese ore dealers in the port that are in a closed state, and the Qinzhou Port manganese ore market remains on the sidelines.

The immediate cost of silicon-manganese alloy is obviously catching up, the manganese ore is still uncertain, the market performance is strong, and the price accepted by downstream steel companies has increased significantly. The silicon-manganese market is currently in a high wait-and-see state, and many factories have closed their offers without reporting. Judging from individual quotations, there are prices in the north and south range of 6,900 - 7,000 yuan/ton, and there are also higher quotations. Market activity has increased after silicon and manganese stopped falling, but at the same time, operators are still more cautious because the main stimulating factor comes from upstream news.