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[Ferro-Alloys.com]It seems that Chinese manganese alloy spot showed little fluctuation after a three days holiday.  Price of silicon manganese 6517 maintained at RMB5,150-5,300/mt while RMB4,500-4,700/mt for 6014. High carbon ferromanganese 65 lingered about RMB4,500-4,700/mt, while RMB5,400-5,600/mt for high carbon ferromanganese 75. Medium carbon ferromanganese 75C2.0 stood at RMB7,300-7,500/mt and while RMB8,500-8,700/mt for low carbon ferromanganese 80C0.7.

As of silicon manganese market, thin profit in north brought about comparatively stable operation rates, while in south there were only a few suppliers struggled to maintain run. It is reported that production in Inner Mongolia for May totaled 105.61 thousand tons, 154.88 thousand tons in Ningxia. In Guangxi, production was 201.43 thousand tons and 95.8 thousand tons in Guizhou, 115.85 thousand tons in Hunan. In May, China totally produced silicon manganese 837.57 thousand tons, showing an increasing of 7.31% from last month. For ferromanganese, steady manganese ore but declining sale price further waned ferromanganese participants’ activity. Despite price already touched the bottom line, given slack season in summer, it is estimated that future market for ferromanganese would still be not optimistic.

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• [Editor:Sophie]