High level of electrolytic manganese boost and pay attention to the pricing of steel mills in the near future

2022-1-5: at present, the market is slightly quiet due to the decline of circulation volume, but the purchasing sentiment is still at a relatively high level due to the impact of shutdown. However, many factories have left inventory to deliver long-term cooperative orders. In addition, under the dual influence of the recent opening of bidding by steel mills, the price of electrolytic manganese has maintained a strong upward pace again this week. At present, the chaotic situation of traders' quotation is becoming more and more obvious. The higher quotation has reached 41500 yuan / ton, while the quotation of mainstream large factories is still maintained at more than 42000 yuan / ton. The willingness to adjust the quotation is also low, mostly insisting on high price quotation. Yesterday, some steel mills entered the bidding and paid attention to this round of pricing guidelines.

The overall market atmosphere is still slightly high due to the impact of factory outflow, but the industry is still optimistic and cautious about the future market. However, near the Spring Festival, the market is basically in the neutral period of demand, and the electrolytic manganese market maintains a high operation or is the main state, with a high probability of small fluctuation in the actual trend. In addition, due to the intertwined news of price, shutdown and steel bidding pricing impacting the market, at present, the transaction of export FOB of more than US $6500 / ton is still sluggish, and the bargaining space is mostly low to US $6000 / ton, highlighting the game atmosphere in export.