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The silicon manganese market is difficult to clinch a deal at a high price

Time:Tue, 26 Oct 2021 09:21:10 +0800

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Yesterday, silicon manganese futures continued to fall, while the spot market still showed a weak stalemate, and manufacturers' quotations still remained high. However, the decline in futures led to a significant reduction in the demand of the trade and retail market. Some manufacturers reported that there was almost no purchase inquiry, and they mainly waited for the bidding of steel mills in the future. At present, the quotation of silicon manganese 6517 manufacturers is 11500-12000 yuan / ton of ex factory with tax, while the quotation of silicon manganese 6014 has been reduced to 9300-9400 yuan / ton of ex factory with tax, it is difficult to clinch a deal at a high price.
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