This week (from January 27 to February 3), the market price of 1 # electrolytic manganese was temporarily stable. The spot market price in East China was 17300 yuan/ton at the end of last week and 17050 yuan/ton at the end of this week, down 1.45%.

Manganese ore: after the festival, the mood of manganese ore continued to ferment, and the price of North-South quotation rose tentatively. The price of semi-carbonic acid in Tianjin Port was about 37 yuan/ton, Gabon was about 47 yuan/ton, Australia was about 49.5 yuan/ton, Qinzhou Port was about 40-40.5 yuan/ton, Australia was 48.5-49 yuan/ton, high-quality Australian seed was 45.5-46 yuan/ton, Gabon was 45-46 yuan/ton. There was little deal and the demand was wait-and-see until the price of the new round of March shipment of South32 in the outer market was fixed at $6/ton, and the market sentiment gradually stabilized.

The commodity price K-bar chart uses the concept of price trend K-line to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy and sell investments according to the changes in the K-bar chart. Red indicates: rising; Green means: down; The height of the K column indicates the range of rise and fall. From the above weekly and monthly electrolytic manganese K-bar chart, it can be seen that since March 2022, the electrolytic manganese has continued to decline, the price has continued to stabilize after a slight rise at the end of August, the price has recovered slightly since the end of September, the price has remained stable for a long time since October, the price has fluctuated slightly in November, the price has decreased slightly after December, and the price has stabilized temporarily and then declined.

The electrolytic manganese market was slightly reduced this week, with the mainstream market price of 15300-15500 yuan/ton, down 100-200 yuan/ton from last week. In the first week after the year, the market atmosphere did not completely recover, and the market trading was slightly deserted. Some enterprises and traders were still on holiday, with less market quotations and a strong wait-and-see atmosphere. The situation of steel recruitment was also suspended, and the market lacked clear guidance. In the aftermarket, most manufacturers and relevant industry personnel will resume work around the next week, and there will be a meeting in the industry. The market is waiting for the signal guidance. It is expected that the stable, medium and weak operation will prevail in the short term.

This week, the spot market of silicon and manganese was relatively strong, and the spot price remained high, and the transaction was cold. According to the price monitoring of the Business Agency, the market price of silicon manganese in Ningxia (specification: FeMN68Si18) was around 7350-7450 yuan/ton on February 3.