China: Silico manganese prices fall by $46/t w-o-w on declining futures

Silico manganese prices in China declined w-o-w. Prices (Mn: 65%; Si: 17%) declined by RMB 335/t ($46/t) to RMB 6,760- 6,950/t ($929-$956/t). The price decline can be attributed to the pessimistic market atmosphere. Meanwhile, Silico manganese prices on China’s Zhengzhou Commodity Exchange (ZCE) for September 2024 delivery declined by RMB 586/t ($81/t) to RMB 6,668/t ($917/t) on 22 July.

Note: This article has been written in accordance with an agreement between CBC and BigMint.


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