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Due to the downstream factories reducing production, the buyers have a low enthusiasm for purchasing manganese ore, and there are fewer inquiries for manganese ore at ports. At the beginning of the week, the performance of the manganese ore market is still weak. In the short term, it is still difficult for manganese ore prices to rise in the market.
The spot end of silicon manganese is operating weakly, with a strong wait-and-see sentiment in the market at the beginning of the week. Steel mills are bidding and purchasing one after another. For 6517, the northern region prices are reported 5930-5980 yuan/ton, while the southern region prices are reported 6200-6250 yuan/ton.