At the beginning of the month, steel recruitment concentrated release period electrolytic manganese market price atmosphere is relatively strong, but the end of the steel mill is still low price procurement, yesterday Baosteel finalized August electrolytic manganese purchasing acceptance tax cif price is 10400 yuan/ton, month on month the purchase price fell by a small 100 yuan/ton.

In terms of the current electrolytic manganese market, the supplier's quotation continues to be firm under the rigid release and cost support, and it is difficult to find low supply in the market. The current market quotation is around 10,000-10,200 yuan/ton.However, under the steel bidding pricing tone, the high price is still not easy to clinch a deal. Under the stalemate game between the supply and demand sides, the market continues to straighten out sideways. The current transaction price is roughly around the range of 10,000-10,100 yuan/ton.

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