Mn Products’ Prices and Sales of ChengKou Declined Seriously in the First Quarter of 2015

  • Wednesday, March 25, 2015
  • Source:ferro-alloys.com

  • Keywords:Silicon Manganese SiMn
[Fellow]In the second half of March, electrolytic manganese metal price was RMB 11,600-11,700/mt, were flat M-O-M, down by 8.6% Y-O-Y. While in Ningxia and Inner Mongolia, the price of 6517 GB SIMn was RMB5,450-5,650/ mt, in Guangxi, it was RMB5,800-5,900/mt, both dow...

 

 

[Ferro-Alloys.com]In the first quarter of 2015, Mn products’ prices and sales of ChengKou continued to decline seriously. In the second half of March, electrolytic manganese metal price was RMB 11,600-11,700/mt, were flat M-O-M, down by 8.6% Y-O-Y. While in Ningxia and Inner Mongolia, the price of 6517 GB SIMn was RMB5,450-5,650/ mt, in Guangxi, it was RMB5,800-5,900/mt, both down by more than 15.70% Y-O-Y, compared with January, it fell down RMB400/ mt. At the same time, 6517 "non-standard" SIMn price was RMB 5,400-5,500 /mt, down by 13.49% Y-O-Y, compared with January, it fell down RMB300 / mt. As a result, if enterprises in the County produced one ton electrolytic manganese metal, they lost more than RMB300, one ton SiMn, lost more than RMB500.

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