Due to weak market demand, the mainstream transaction price of electrolytic manganese 99.7%min in China declined this week. Due to the decline in domestic prices, the mainstream export price of electrolytic manganese has declined.
The electrolytic manganese market continues to run weakly. Currently, Nissan’s production is at a high level, and the downstream demand side is not very receptive to high prices. There are inquiries, but transactions are relatively rare. The industry is worried about the future, and the market is expected to remain weak in the short term.
The manganese ore market has been weak recently. Although the market inquiry activity has increased, the transaction performance has been average and the price has been slightly loose. Due to the downward fluctuation of the downstream market, the sentiment of silicon manganese spot has been weak. At the same time, the manganese ore end has been affected to a certain extent. Miners are under shipping pressure.
