Silicon manganese quotation is different a lot due to dissimilar cost and policy enjoying. In addition, it is rumored that BHP the third quarter ore quotation would come out, which might be fixed at USD3-3.8/mtu or among USD3.5/mtu. However, one point can be proved is that manganese ore price will certainly go down later from most participants.

Currently, silicon manganese is quoted at RMB6,350-7,000/mt (USD933.8-1,029.4/mt)for 6517#, RMB5,650-5,900/mt (USD830.9-867.6/mt) for 6014#. Producers hold different views on silicon manganese market. On the one hand, some produces who still have many ore with high price in hand are worrying about future market; others who running plants in shutdown condition haven’t decide to recover operation until ore price fixing. On the other hand, although disformed steel bar shows turn better a bit recently, whether or not this positive situation can sustain is unknown, so most insiders considers that silicon manganese price would be fluctuated when ore price come out in the near future. (Sophie)

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