8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Monthly Manganese Alloys and Ore Market Report Dec 2018
2019-01-15 17:48:50 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Transaction prices of silicomanganese 65/17 in Chins kept dropping in December. On the one hand, as some steel mills in Hebei were under production restriction, the demand for silicomanganese went weak. HBIS's total purchase volume decreased by nearly 7,000t compared with November. Meanwhile, although some small plants in Guizhou and Guangxi suspended production owing to the narrowing profit, the total supply of silicomanganese was still large. On the other hand, prices upstream raw material manganese ore decreased continuously, so did the production costs of silicomanganese; steel mills kept forcing prices down, and alloy plants had to continuously reducing quotations to promote sales under the pressure of capital flow. In Europe, enquiries increased, so did the prices; however, in the US, the price remained stable with soft demand.
Spot prices of manganese ore in China kept reducing in December. Prices of downstream silicomanganese dropped, and manganese ore consumers made purchases on rigid demand and had no intention of replenishing. Import prices of manganese ore decreased by USD0.3/mtu, so did spot prices of manganese ore accordingly.
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Transaction prices of silicomanganese 65/17 in Chins kept dropping in December. On the one hand, as some steel mills in Hebei were under production restriction, the demand for silicomanganese went weak. HBIS's total purchase volume decreased by nearly 7,000t compared with November. Meanwhile, although some small plants in Guizhou and Guangxi suspended production owing to the narrowing profit, the total supply of silicomanganese was still large. On the other hand, prices upstream raw material manganese ore decreased continuously, so did the production costs of silicomanganese; steel mills kept forcing prices down, and alloy plants had to continuously reducing quotations to promote sales under the pressure of capital flow. In Europe, enquiries increased, so did the prices; however, in the US, the price remained stable with soft demand.
Spot prices of manganese ore in China kept reducing in December. Prices of downstream silicomanganese dropped, and manganese ore consumers made purchases on rigid demand and had no intention of replenishing. Import prices of manganese ore decreased by USD0.3/mtu, so did spot prices of manganese ore accordingly.
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