Manganese Daily Report on 2014.10.27 (1)

download Manganese Daily Report on 2014.10.27 (1)

of 26

Transcript of Manganese Daily Report on 2014.10.27 (1)

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    1/26

    MANGANESE ORE

    MANGANESE ORE PRICES

    MANGANESE ORE NEWS

    MANGANESE ORE ANLYSIS

    SILICON MANGANESE

    SILICON MANGANESE PRICES

    SILICON MANGANESE NEWS

    SILICON MANGANESE ANLYSIS

    FERRO MANGANESE

    FERRO MANGANESE PRICES

    FERRO MANGANESE NEWS

    FERRO MANGANESE ANALYSIS

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    2/26

    MANGANESE ORE

    MANGANESE ORE PRICES

    International manganese ore market price by

    origin on 27 October 2014

    International manganese ore market price by origin

    Item Specification Price(USD/DMTU)

    Change(USD/DMTU)

    Remark

    Australia lumpy

    manganese oreMn45.5% Fe5% 4.5-4.6 == CIF China

    Australia particle

    manganese oreMn48%Fe

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    3/26

    manganese ore

    South Africa lumpy

    manganese oreMn30-32%Fe20-22% 3.9-4.0 == CIF China

    South Africa lumpy

    manganese ore Mn32-34%Fe20% 4.1 == CIF China

    Gabon manganese ore

    particleMn43% Fe

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    4/26

    manganese ore

    Nigeria lumpy manganese

    oreMn45% Fe5% P

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    5/26

    manganese ore Elizabeth

    South Africa particle

    manganese oreMn35.5%Fe5%P

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    6/26

    manganese ore

    Cote d'Ivoire lumpy

    manganese oreMn42-44%Fe3-6% 3.7-3.9 == CIF Tianjin

    Cote d'Ivoire lumpy

    manganese ore Mn46% 4.3-4.4 == CIF Tianjin

    Nigeria lumpy manganese

    oreMn45% Fe5% P

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    7/26

    Australia manganese

    particlemn49%fe5% 33.7-33.8 --- Tianjin port

    Australia manganese

    particlemn45%fe5% 33 --- Tianjin port

    Australia manganese

    particlemn45%fe5% 32.7-32.8 --- Qinzhou port

    Australia manganese

    ore lumpymn30-31%fe20% --- --- Tianjin port

    Australia manganese

    ore lumpymn30-31%fe20% --- --- Qinzhou port

    Australia manganese

    ore lumpymn38%fe15% 34 --- Qinzhou port

    Brazil manganese

    ore

    mn45%fe5% 30 --- Tianjin port

    Brazil manganese

    oremn45%fe5% 29.2-29.3 --- Fangcheng port

    Brazil manganese

    ore finesmn45%fe5% --- --- Tianjin port

    Brazil manganese

    ore finesmn45%fe5% 28.5-29 --- Fangchenggang port

    Brazil manganese

    oremn44% fe12% 32.5 --- Qinzhou port

    South Africa

    semi-carbonatemn35.5%fe5% --- --- Tianjin port

    South Africa

    semi-carbonatemn35.5%fe5% --- --- Qinzhou port

    South Africa

    semi-carbonatemn37.5%fe5% 28.8 -0.2 Tianjin port

    South Africa

    semi-carbonatemn37.5%fe5% 29.8 --- Qinzhou port

    South Africa

    manganese ore

    mn30-32%fe20% 32.5 --- Tianjin port

    South Africa

    manganese oremn30-32%fe20% --- Qinzhou port

    South Africa

    manganese oremn44%fe10% 34.2-34.3 -- Tianjin port

    South Africa

    manganese oremn44%fe10% --- --- Qinzhou Port

    Gabon manganese

    oremn45%fe5% 32.8-33 --- Tianjin port

    Gabon manganese

    oremn45%fe5% 31 --- Qinzhou port

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    8/26

    Gabon manganese

    oreMn43% particle 30 --- Qinzhou Port

    Gabon manganese

    oreMn43% particle --- --- Tianjin Port

    Ghana carbonated

    manganese oremn28%fe0.8% --- --- Qinzhou port

    Malaysia manganese

    ore lumpymn30%fe10%-12%p0.2% --- --- Qinzhou port

    Malaysia manganese

    ore lumpyMn 26% Si>25% 27 --- Qinzhou

    Malaysia manganese

    ore lumpyMn28%Si>20% 28 --- Tianjin port

    Indonesia

    manganese ore

    lumpy

    mn>50%fe50%fe43-46%fe53%fe50%fe4-5% --- ---

    Fangcheng port

    Qinzhou port

    Zhanjiang port

    Turkey manganese

    oremn40%-42%fe15% 32.8-33 --- Tianjin port

    Cote d'Ivoire

    manganese oremn42-44%fe7% --- --- Tianjin port

    Philippinesmanganese ore

    mn45% --- --- Beihai port

    Myanmar

    manganese oreMn32% Fe7% Si20-25% 690RMB/MT --- Jinghong, Yunnan

    Morocco manganese

    oreMn42%Si19% 31-32 --- Lianyungang port

    Kazakhstan

    manganese ore finesMN30%FE8-10% 780RMB/MT --- Alataw Pass

    http://www.cnfeol.com/mengkuang/http://www.cnfeol.com/mengkuang/http://www.cnfeol.com/mengkuang/http://www.cnfeol.com/mengkuang/http://www.cnfeol.com/mengkuang/http://www.cnfeol.com/mengkuang/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    9/26

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    10/26

    Manganese-rich slag spot price in China

    Spec. District Mainstream market price (RMB/MT) Change Remark

    Mn32% Yongzhou , Hunan 920 --- Ex work exclusive tax

    Mn30% Jiahe, Hunan 830 Ex work exclusive tax

    Mn32% Leiyang, Hunan 900 --- Ex work exclusive tax

    Mn32% Shaoyang, Hunan 1080 Ex work exclusive tax

    Mn29-30% Chuxiong, Yunnan -- Ex work exclusive tax

    Mn33% Qinzhou, Guangxi -- Ex work exclusive tax

    Mn30% Qinzhou, Guangxi 810-820 Ex work exclusive tax

    Mn32% Guipin, Guangxi -- Ex work exclusive tax

    Mn30% Laibin, Guangxi 910 --- Ex work exclusive tax

    Mn30% Bingyang, Guangxi Ex work exclusive tax

    Mn30% Longyan, Fujian Ex work inclusive tax

    Mn32%Zaozhuang,

    Shandong--

    Deliver to factory

    inclusive tax

    Mn25% Liaoning 33RMB/DMTU Ex work inclusive tax

    Mn25% Lingqiu, Shanxi 28RMB/DMTU --- Ex work exclusive tax

    Mn40% Anyang, Henan -- Ex work inclusive tax

    by cash

    Mn38% Anyang, Henan 1350-1450 --- Ex work exclusive tax

    Mn33% Anyang, Henan 1100-1130 --- Ex work exclusive tax

    MANGANESE ORE NEWS

    E-auction likely for allotting all major minerals

    After adopting e-auction for allotment of coal mines to private companies, the NDA

    government is working on introducing similar policy for extraction of other major minerals

    likeiron oreand manganese.

    The Mines Ministry is working on adopting uniform policy like e-auctioning of mines to

    allot mineral resources to private companies, an official from the Ministry told Deccan

    Herald.

    Union Steel and Mines Minister Narendra Singh Tomar already held meeting with several

    state chief ministers about introducing the technology based transparent system for

    http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    11/26

    allocating mineral deposits with strong regulatory frameworks. To enable it to adopt

    transparent system to allot natural resources, the Ministry is planning to introduce

    e-auction for mining deposits in the pending Mines and Minerals (Development and

    Regulation) (MMDR) Act. The government is planning to amend the MMDR bill in the

    winter session of the Parliament.

    To end illegal mining and favouritism in allotting mines, the Centre has decided to

    introduce a transparent system to allocate natural resources, said the official.

    With the states also having equal stake in major minerals, the ministry will include the

    states into the board before going ahead with implementation, the official said adding that

    the ministry will finalise soon whether to hold auction at state level or Centre level.

    Though the states have rights over major minerals, it requires the Mines Ministry

    permission to grant sanction to excavate the ore. Following the cancellation of coal blocks

    by the Supreme Court, the Centre on Friday promulgated ordinance to pave the way toallot coal blocks to private companies through e-auction.

    As per the Mines Ministry data, over 60,000 mineral concession applications are pending

    in various mineral rich states including Karnataka. Of the total applications, 42,861 were

    pending for mining leases, 19,891 for prospecting

    licenses and 643 for reconnaissance permits.

    MANGANESE ORE INDEX: Prices keep sliding

    on lower bids from China

    Manganese oreprices fell again on Friday October 24 on lower bids from Chinese buyers.

    Metal Bulletin's 44% manganese ore index, cif Tianjin, fell 2 cents to $4.36 cents per lb.

    Metal Bulletin's 38% manganese ore index, fob Port Elizabeth, fell 2 cents to $3.26 cents

    per lb.

    BHP sets sights on another $3.5bn in yearly

    productivity gains

    Mining giant BHP Billiton said on Friday that it was targeting further productivity gains,

    with the company operating more like an advanced manufacturer than a traditional

    resource company.

    http://www.ferroalloynet.com/manganeseore/http://www.ferroalloynet.com/manganeseore/http://www.ferroalloynet.com/manganeseore/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    12/26

    By the end of the 2017 financial year, we are targeting at least $3.5-billion of additional

    annualised productivity gains beyond those already reported, CEO Andrew Mackenzie

    told shareholders at a meeting in London.

    Earlier this year, BHP announced that it had embedded more than $6.6-billion ofsustainable, annualised productivity-led gains over the last two years.

    The demerger proposal is an important step forward to go beyond this promise and

    further strengthen your already financially strong company, Mackenzie added.

    BHPs plans to spin off its aluminium, coal, manganese, nickeland silver assets into an

    independently listed company were advancing.

    The new companys assets, which are spread across the southern hemisphere, form a

    portfolio that, in the 2014 financial year, generated almost $1.8-billion of earnings beforeinterest, tax, depreciation and amortisation. The new company will be the worlds largest

    producer ofmanganese ore,will own the worlds largest producing silver mine, and be a

    substantial producer of alumina, aluminium, nickel and coal, said Mackenzie.

    Company chairperson Jac Nasser noted that BHPs strategy post the demerger, would

    remain unchanged.

    We will focus on what we do best. We will continue to own and operate large, long -life,

    low-cost, expandable, upstream assets diversified by commodity, geography and market.

    We will continue to provide the energy and minerals that support global economic growth

    and development.

    The new venture would likely be listed on the ASX, the JSE and on the London exchange.

    A final board decision on the demerger would be made only once the necessary

    government, regulatory and third-party approvals had been secured.

    China imported Mn ore stocks at ports in

    Jan-Oct 24, 2014

    China imported Mn ore stocks at ports in Jan-Oct 24, 2014

    http://www.ferroalloynet.com/manganeseore/http://www.ferroalloynet.com/manganeseore/http://www.ferroalloynet.com/manganeseore/http://www.ferroalloynet.com/manganeseore/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    13/26

    SILICON MANGANESE

    SILICON MANGANESE PRICES

    India silicon manganese 6014# market price on

    27 October 2014

    www.ferroalloynet.com: Indiansilicon manganeseexport price

    District Sepcification Price (Rupee/Mt) Change Basis

    Durgapur 6014# 57,500-58,000 --- EX work

    Hyderabad 6014# --- --- EX work

    Rourkela 6014# 57,250-57,500 --- EX work

    Raipur 6014# 57,000-57,500 --- EX work

    http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    14/26

    CIS silicon manganese market price on 27

    October 2014

    www.ferroalloynet.com: CISsilicon manganesemarket price

    Product Origin Specification Price (USD/MT) Basis

    SiMn CIS 6517# 1,295-1,300 FOB Black Sea

    Chinese silicon manganese export price on 27

    October 2014

    www.ferroalloynet.com:Chinesesilicon manganeseexport price

    Item Spec. Price Unit Basis

    Silicon ManganeseMn65%min Si17%min

    P0.25-0.3%1300-1320 USD/MT FOB China Main Port

    Silicon ManganeseMn65%min Si17%min

    P0.20%

    1340-1360 USD/MT FOB China Main Port

    Silicon Manganese Mn65% Si17% P

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    15/26

    SiMn 6517 6150 ---6100-6150 (cash

    payment)---

    Ex

    FactoryYunnan

    SiMn 6517 6550 --- 6450-6500 ---Ex

    FactorySichuan

    SiMn 6517 6100 --- 6000 --- ExFactory

    Gansu

    SiMn 6517 --- --- --- ---Ex

    FactoryShanxi

    SiMn 6517 6100-6150 --- 5950-6000 ---Ex

    Factory

    Inner

    Mongolia

    SiMn 6517 6050 --- 6000 ---Ex

    FactoryNingxia

    SiMn 6517 6450 ---- 6400-6450 ---Ex

    Factory

    Liaonin

    SiMn 65175600-5650 Cash

    payment--- 5600-5650Cash payment ---

    Without

    tax

    Anyang

    Market

    China silicon manganese 6014# market price on

    27 October 2014

    www.ferroalloynet.com:China 6014#silicon manganesemarket price

    Item SpecificationQuotation:EX WORKS

    (RMB/TON)Changes

    Transaction price: EX

    WORKS (RMB/TON)Changes Districts

    SiMn 6014

    5100-5150(exclusive

    tax)--- 5050-5100(exclusive tax) --- Guizhou

    --- --- --- ---

    Xingyi

    Guizhou

    SiMn 6014

    5100(exclusive tax) --- 5050-5100(exclusive tax) ---Guilin

    Guangxi

    5050(exclusive tax) --- 5000(exclusive tax) ---Nanning

    Guangxi

    SiMn 60145100-5300(exclusive

    tax)--- 5000-5050(exclusive tax) --- Yunnan

    SiMn 6014 5100(exclusive tax) --- 5050-5100(exclusive tax) --- Hunan

    SiMn 6014 5200 (exclusive tax) --- 5200 (exclusive tax) ---

    Anyang

    market

    http://www.ferroalloynet.com/http://www.ferroalloynet.com/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    16/26

    SiMn 60145300-5350 (inclusive

    tax)--- 5300-5350 (inclusive tax) --- Hunan

    SiMn 60145300-5350 (inclusive

    tax)--- 5300-5350 (inclusive tax)) --- Guizhou

    SiMn 60145300-5350 (inclusive

    tax)--- 5300-5350 (inclusive tax) --- Guangxi

    China non-standard silicon manganese market

    price on 27 October 2014

    www.ferroalloynet.com:China non-standardsilicon manganesemarket price

    Product SpecPrice on Ex work by

    cash(RMB/MT)Changes

    Transaction price: cash

    (RMB/TON)Changes Districts

    SiMn 58# 5100(exclusive tax) --- 5000-5100(exclusive tax) --- Guangxi

    SiMn 58# 5100(exclusive tax) --- 5000-5100(exclusive tax) --- Hunan

    SiMn 55# 5000(exclusive tax) --- 4850-4900(exclusive tax) --- Hunan

    SiMn 55# 5000(exclusive tax) --- 4850-4900exclusive tax) --- Guangxi

    SiMn 50# 4500(exclusive tax) --- 4450-4500(exclusive tax) --- Hunan

    SiMn 50# 4500(exclusive tax) --- 4450-4500(exclusive tax) --- Guangxi

    High Si

    SiMn 6028#

    7800 base on actual

    weight --

    7800 base on actual

    weight -- Ningxia

    High Si

    SiMn6028#

    8100 base on actual

    weight--

    8100 base on actual

    weight-- Guizhou

    High Si

    SiMn6028# 7400 82 basis -- 7400 82 basis -- Yunnan

    High Si

    SiMn6028# 7400-7500 82 basis -- 7400 82 basis --

    Inner

    Mongolia

    India silicon manganese export price on 27

    October 2014

    www.ferroalloynet.com: Indiansilicon manganeseexport price

    Product Origin Specification Price (USD/MT) Change Basis

    SiMn India 65-16 --- --- FOB Vizag

    http://www.ferroalloynet.com/http://www.ferroalloynet.com/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    17/26

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    18/26

    Guangxi silicon manganese operating rate and

    output in October 2014

    www.ferroalloynet.com;Guangxi provincesilicon manganeseoperating rate is about 31%,

    and capacity release is about 32% in October. From the current situation, silicon

    manganese production in Guangxi can reach about 93,000 tons in October.

    Province Operating rate Capacity release Output in October (mt)

    Guangxi 31% 32% 93,000

    FERRO MANGANESE

    FERRO MANGANESE PRICES

    Ferromanganese Market Price in India on 27

    October 2014

    FerromanganeseMarket Price in India

    Place Item GradePrice Rs Unit:

    Rupee/MTBasis Change

    DURGAPUR Ferromanganese 70% 58,000 Ex-Works ---

    RAIPUR Ferromanganese 70% 56,750 Ex-Works ---

    http://www.ferroalloynet.com/http://www.ferroalloynet.com/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/SiliconManganese/http://www.ferroalloynet.com/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    19/26

    European Ferromanganese price on 27 October

    2014

    European Ferromanganese ore price

    Item Unit sales price

    Ferromanganese Mt/USD 1075

    International Ferromanganese Market price on

    27 October 2014

    International ferromanganese price

    Place Specification Grade Price Change

    INDIA Export FOB East Coast HC 70% 930 (USD/MT) ==

    INDIA Export FOB East Coast HC 75% 1035 (USD/MT) ==CIS Export FOB Black Sea HC 78% 1280 (USD/MT) ==

    China Low Carbon Ferromanganese Export

    Price on 27 October 2014

    China Low Carbon Ferromanganese Export Price

    Item Unit Price Basis

    Low Carbon Ferro Manganese

    Mn80%min C0.4% Si1.5%$/mt

    2225-2240

    FOB ChinaLow Carbon Ferro

    Manganese Mn80%min C0.7% Si1.5%

    2125-2140

    http://www.ferroalloynet.com/manganeseore/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/manganeseore/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    20/26

    China Medium Carbon Ferro Manganese Export

    Price on 27 October 2014

    Item Unit Price Basis

    Medium Carbon Ferro Manganese Mn80%min

    C1.0% Si1.0% P0.2-0.25%

    $/mt

    1900-1920

    FOB ChinaMedium Carbon Ferro Manganese Mn80%min

    Si1.5% C1.5%1800-1820

    Medium Carbon Ferro

    Manganese Mn78%min C2.0%1700-1720

    China High Carbon Ferro Manganese Export

    Price on 27 October 2014

    China High Carbon Ferro Manganese Export Price

    Item Unit Pice Basis

    High Carbon Ferro Manganese Mn75% min P0.20-0.30%

    Si1.5%$/mt

    1270-1280

    FOB China

    High Carbon Ferro Manganese Mn75%min P0.15% Si1.2% 1400-1420

    China HC Ferromanganese market price on 27

    October 2014

    HCFerromanganesemarket price:

    Item SpecificationMain quotation

    ( CNY/MT)Change( CNY/MT)

    Main

    transaction

    price

    ( CNY/MT)

    Change

    ( CNY/MT)Areas

    HC femn65c7.0P0.6 5200-5300 --- 5100-5200 --- Yunnan

    http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.cnfeol.com/mengtie/http://www.cnfeol.com/mengtie/http://www.ferroalloynet.com/FerroManganese/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    21/26

    FeMn

    HC

    FeMnfemn65c7.0P0.4 5300-5400 --- 5200-5300 --- Yunnan

    HC

    FeMnfemn65c7.0P0.255500-5600 --- 5400-5500 --- Yunnan

    HC

    FeMnfemn65c7.0P0.2 5500-5600 --- 5300-5500 --- Hunan

    HC

    FeMnfemn65c7.0P0.2 5700-5800 --- 5500-5700 --- Sichuan

    HC

    FeMnfemn65c7.0P0.2 5500-5600 --- 5300-5500 --- Guizhou

    HC

    FeMnfemn65c7.0P0.2 5500-5600 --- 5300-5500 --- Guangxi

    HC

    FeMnfemn65c7.0P0.2 5400-5500 --- 5200-5400 --- Shanxi

    HC

    FeMnfemn65c7.0P0.2 5400-5500 --- 5200-5400 --- Hebei

    HC

    FeMnfemn65c7.0P0.2 5400-5500 --- 5200-5400 --- Henan

    HC

    FeMnfemn75c7.0P0.3 6500-6600 --- 6400-6500 --- Yunnan

    HC

    FeMnfemn75c7.0P0.2 6800-6900 --- 6700-6800 --- Yunnan

    HC

    FeMnfemn75c7.0P0.156900-7000 --- 6800-6900 --- Yunnan

    HC

    FeMnfemn75c7.0P0.2 6300-6400 --- 6200-6300 --- Guangxi

    HC

    FeMnfemn75c7.0P0.2 6400-6600 --- 6300-6500 --- Henan

    HC

    FeMnfemn75c7.0P0.2 6300-6400 --- 6200-6400 --- Shanxi

    HC

    FeMnfemn75c7.0P0.2 6300-6400 --- 6200-6300 --- Guizhou

    Trading price

    Item SpecificationMain

    quotation( CNY/MT)Change( CNY/MT)

    Main

    transaction

    price

    ( CNY/MT)

    Change

    ( CNY/MT)Areas

    HC

    FeMn femn65c7.0P0.2 5600-5700 --- 5500-5600 --- Henan

    HC femn65c7.0P0.2 5600-5700 --- 5500-5700 --- Shandong

    http://www.cnfeol.com/mengtie/http://www.cnfeol.com/mengtie/http://www.cnfeol.com/mengtie/http://www.cnfeol.com/mengtie/http://www.cnfeol.com/mengtie/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    22/26

    FeMn

    HC

    FeMnfemn65c7.0P0.2 5600-5700 --- 5500-5700 --- Jiangsu

    HC

    FeMnfemn65c7.0P0.2 5600-5700 --- 5500-5700 --- Shanghai

    HC

    FeMnfemn65c7.0P0.2 5600-5700 --- 5500-5600 --- Tianjin

    HC

    FeMnfemn65c7.0P0.2 5600-5700 --- 5500-5600 --- Shanxi

    HC

    FeMnfemn65c7.0P0.2 5600-5700 --- 5500-5600 --- Liaoning

    HC

    FeMnfemn75c7.0P0.3 6400-6500 --- 6300-6400 --- Shanghai

    HC

    FeMnfemn75c7.0P0.2 6700-6800 --- 6600-6700 --- Shanghai

    HC

    FeMnfemn75c7.0P0.2 6600-6700 --- 6500-6600 --- Shanxi

    HC

    FeMnfemn75c7.0P0.3 6400-6500 --- 6300-6400 ---

    ZhejiangHC

    FeMnfemn75c7.0P0.2 6600-6700 --- 6500-6600 ---

    HC

    FeMnfemn75c7.0P0.156700-6800 --- 6600-6700 ---

    China MC Ferromanganese Market price on 27

    October 2014

    Item Spec.

    EX-work

    price

    ( RMB/MT)

    Change

    (RMB/MT)

    Transaction

    price

    (RMB/MT)

    Change

    ( RMB/MT)Origin

    MC FeMn femn75c2.0p

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    23/26

    MC FeM femn75c2.0p

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    24/26

    LC Femn femn80c0.40P=0.2 10500-10600 --- 10400-10500 --- Guizhou

    LC Femn femn80c0.40P=0.2 10500-10600 --- 10400-10500 --- Hunan

    iiFERRO MANGANESE NEWS

    China daily steel output rises to near record high

    in Sept

    China's daily crude steel runs rose 1.3 percent in September to the highest level in three

    months, data from the country's statistics agency showed, suggesting mills were still close

    to full capacity despite weak demand and a steep slump in prices.

    Persistently high steel output from the world's top producer could further drag on

    Shanghai rebar futures, which sank 13 percent last month, and also dent spotiron

    oreprices that are reeling from a supply glut as global miners of the steelmaking

    ingredient push ahead with expansion plans.

    China produced 67.54 million tonnes of crude steel in September, down 2 percent from

    the previous month and flat compared to the corresponding month of 2013, data from the

    National Bureau of Statistics showed on Tuesday.

    But the daily output rate rose to 2.25 million tonnes from 2.22 million tonnes in August,

    driven by a slight improvement in industrial activity. This was the highest since June when

    output touched a record of 2.31 million tonnes per day.

    "The 1.3 percent increase matches the recovery in electricity consumption versus August

    as well as the slightly better monthly PMI results," said Melinda Moore, analyst with

    Standard Bank, referring to data showing growth in China's manufacturing sector held up

    in September.

    China's total crude steel output is expected to reach around 820 million tonnes this year,

    short of its overall capacity estimated at 1.1 billion tonnes but still outstripping demand

    which has been hit hard by a sluggish economy.

    A slowdown in China's economic growth - most recently to the lowest level since the

    2008/09 global financial crisis - has shrunk steel demand in China, aggravating

    overcapacity problems in the sector.

    While there are no signs that conditions will improve in the final quarter of the year, steel

    firms have continued to pursue a strategy based on outlasting rivals.

    http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/http://www.ferroalloynet.com/IronOre/
  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    25/26

  • 8/9/2019 Manganese Daily Report on 2014.10.27 (1)

    26/26

    Substandard facilities within 200 kilometres of the capital - which would cover the major

    steel producing city of Tangshan - could also be closed over the Nov. 1-12 period.

    iiiFERRO MANGANESE ANALYSIS

    Inner Mongolia ferromanganese operating rate

    and output

    www.ferroalloynet.com: Theferromanganeseoperating rate in Inner Mongolia keeps

    unchanged and some of the ferromanganese manufactories lose confidence.

    Origin Operating rate MOM Output (10000 mt) MOMCapacity

    ReleaseMOM

    Inner

    Mongolia65% - 1.5 - 60% -

    http://www.ferroalloynet.com/http://www.ferroalloynet.com/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/FerroManganese/http://www.ferroalloynet.com/