Summary of Silicon Manganese Market in This Week

                  Silicon and manganese rose significantly this week, the factory offer and the actual transaction were significantly improved performance. At present the northern region 6517 # offer 5400-5700 yuan / ton, the silicon manganese southern region offer 5700-6000 yuan / ton. Market prices rose to 5400-5500 yuan / ton range. Downstream silicon manganese steel mills tend to focus on the mainstream 5200-5300 yuan / ton range, but the recent steel tender prices have been raised, 5500-5900 yuan / ton purchase price are. At present, the entire silicon manganese market is still a lot of uncertainties in the state. The upstream manganese ore sitting high inventory prices can be strong for how long, the downstream demand side of the alloy can be favorable support, the operator has increased the mentality of caution, operational risk has increased.