This week (November 19 to November 26), the market price of 1 # electrolytic manganese was temporarily stable. The spot market price in East China was 17250 yuan/ton last weekend and 17250 yuan/ton this weekend, unchanged.

Manganese ore: This week, the trend of the manganese ore market was different from north to south. Tianjin Port maintained a weak operation, and there were not many inquiries on the whole. At the beginning of the week, the ore price gradually loosened from 0.2-0.3 yuan/ton, until Thursday, when the futures volume rose and the external quotation rose, the confidence of the spot market slightly increased, and the low price sales decreased; The quotation of Qinzhou Port manganese ore continues to be firm. Downstream manufacturers mostly purchase on demand. The supply of high-grade oxidized ore is small and concentrated. In addition to the strong upward trend of silicon manganese futures in recent days, the quotation of oxidized ore on Friday rose again, about 1 yuan/ton higher than the quotation at the beginning of the week.

The K-bar chart of commodity prices reflects the weekly or monthly price changes in the form of a bar chart based on the concept of price trend K-line. Investors can buy, sell and invest according to the changes in the K-bar chart. Red means rising; Green means: down; The height of the K column indicates the range of rise and fall. It can be seen from the weekly and monthly electrolytic manganese K-bar chart above that since March 2022, the electrolytic manganese has continued to decline. After a slight rise in the price at the end of August, it continues to stabilize temporarily. Since the end of September, the price has risen slightly. Since October, the price has remained unchanged for a long time, and fell slightly in November.

The price of electrolytic manganese market is temporarily stable this week. At present, the price of mainstream market is 15,600-15,800 yuan/ton, which is slightly improved compared with the previous period. The market has a strong attitude of price fixing. Some enterprises have a strong attitude of price fixing, and they are reluctant to sell. In terms of supply, under the call for production reduction, the recent operating rate is still low, the market supply is limited, and some quotations are high, but the overall transaction is limited, and the game psychology of both the supply and demand sides is still strong. The downstream demand is still soft in the near future, and the market is dominated by just needed procurement. In terms of steel recruitment, the performance was average, the price was higher than in the early stage, and the market mentality was slightly improved. In general, the electrolytic manganese market lacks the support of actual demand. Under the pattern of weak supply and demand, it is expected to maintain a temporary stable operation in the short term. In the long run, the implementation of production restriction by subsequent enterprises may be beneficial to the market, and the supply and demand game mentality is strong.

Manganese and silicon: This week, the demand of silicon manganese market was weak, and the news of steel mills stopping production and reducing production kept coming out. On the other hand, some factories said that there were not many stocks in stock, and the industry was more resistant to low prices. Under the mixed information, the silicon manganese alloy market was deadlocked, and the actual transaction price was slightly adjusted. According to the price monitoring of the business community, the market price of silicon manganese in Ningxia (specification: FeMN68Si18) was about 7050-7150 yuan/ton on November 25, The average market price was 7083 yuan/ton, down 0.58% from Monday.