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Japanese Silicon Manganese Price Decreases with Insufficient Demand

Source:Anyang Kangxin Metallurgy Furnace Charge Co LtdAdd Time:2022-05-17


Japanese procurement of silicon manganese (65%Mn;16%Si)remains inactive though the International Worker's Day is over with buyers suspending their purchases in the face of decreasing prices.

Indian quotation of silicon manganese has decreased by 100 dollars to 1450-1500 dollars CIF compared to that two weeks ago. Some sellers choose to offer a 20-30 dollars discount in the face of little closed business in a long time regardless of the increasing cost. And its high carbon ferro manganese quotation lowers by 50 dollars averagely to 1450-1500 dollars CIF.

Chinese ferro silicon price (75%Si)decreases by 230 dollars to 1960-2010 dollars CIF, suppliers in China keeps foffering low prices due to low demand in both domestic and international markets causes by  escalating epidemic situation

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