This week (from August 5 to August 12), the market price of 1 # electrolytic manganese dropped slightly. The spot market price in East China was 16400 yuan / ton at the end of last week, and it was 16300 yuan / ton at the end of this week, down 100 yuan / ton, down 0.61%.

Manganese ore: this week, the manganese ore market continued to decline, and the market divergence was large. Some of the miners holding the goods were not willing to ship, and they were willing to support the price. Another part of the traders had the initiative to ship, which led to the current port market maintaining a single negotiation state, and the overall transaction fell by more than 1 yuan / ton. On August 12, Tianjin Hong Kong and Macao block was around 47.5 yuan / ton, Gabon was around 45 yuan / ton, and South Africa Semi carbonated acid was 35 yuan / ton. Qinzhou Hong Kong and Macao block is about 50.5 yuan / ton, Gabon is about 47.8 yuan / ton, and South Africa Semi carbonated acid is about 36 yuan / ton. The port transactions remained relatively low, and the buyer’s price reduction was obvious.

The K-bar chart of commodity price reflects the weekly or monthly price changes in the form of a bar chart by using the idea of the K-line of price trend. Investors can buy and sell according to the changes of the K-bar chart. Red indicates rising; Green means: falling; The height of K column indicates the range of rise and fall. It can be seen from the above weekly and monthly k-column diagram of electrolytic manganese that since March 2022, electrolytic manganese has continued to decline.

This week, the market price of electrolytic manganese continued to decline. At the beginning of this week, the mainstream price of electrolytic manganese market was around 14400-14800 yuan / ton, and the low-priced goods appeared frequently in the market, which once again affected the market mentality. In addition, the slow progress of steel bidding in this month made the steel factory have a strong mentality of price reduction. Overseas sales are generally weak, and the overall market price is expected to be weak in the weak market of supply and demand. The market is concerned about the new round of steel moves, and the wait-and-see mood is strong.

In terms of manganese and silicon, the price of silicon and manganese was slightly repaired this week, and the futures market price slightly improved. The main contract closed at 7400 yuan / ton, and the spot performance was temporarily general. In August, the steel bidding was accepted and delivered to the range of 7300-7400 yuan / ton, and the market transaction was improved. According to the price monitoring of the business community, the market price of silicon and manganese in Ningxia region (specification: femn68si18) on August 12 was about 7100-7200 yuan / ton.