This week (June 2 to June 10), the market price of 1# electrolytic manganese rose. The spot market price in East China was 16550 yuan / ton last weekend and 16800 yuan / ton this weekend, up 1.51%.

Manganese ore: this week, the manganese ore market maintained the upward trend of price support, and the external quotation was basically settled. The manufacturers’ demand for goods was still concentrated on semi carbonic acid and Gabon ore. the transaction volume of semi carbonic acid in South Africa rose to 45 yuan / ton degree, that in Gabon was 59 yuan / ton degree, and that in Australia rose to 59.5 yuan / ton degree. The southern market also rose, and the price was basically in line with that in the north. On the whole, the downstream manufacturers are also relatively passive, mainly taking goods on demand.

The electrolytic manganese market rose slightly this week. The mainstream market price this week was 15400-15600 yuan / ton, up about 300 yuan / ton compared with last week. In terms of steel bidding, on the 7th, the bidding price of electrolytic manganese of North China steel plant in June was still 15800 yuan / ton, unchanged from the previous month, but the overall quantity decreased by 250 tons compared with the bidding in May. The bidding price of electrolytic manganese for steel plants in Hebei is 16200 yuan / ton, up 400 yuan / ton compared with that in May. The bidding price of steel has boosted market confidence. This week, the market price has increased slightly, but the overall transaction situation is general, and the market trading is relatively cold. On the whole, the supply and demand side of the market has not changed much, and the manufacturers’ price support mentality is still strong. It is expected that the market price will fluctuate slightly in the short term, with limited upside space.

In terms of manganese and silicon: the trend of domestic silicon and manganese is good this week. Following the recovery trend of black and coking coal, the short-term high price of about 8650 yuan / ton hit again from the front line of 8500 yuan / ton, which is better than the spot end, while the spot end is restricted by the steel bidding price in June. According to the price monitoring of the business agency, the mainstream quotation in Ningxia region (the specification is femn68si18) was around 8200-8250 yuan / ton on June 10, and the average market price was 8225 yuan / ton, up 0.77% from Monday.