Currently, the high-purity manganese sulphate market is facing multiple challenges: overcapacity, slowing demand growth, and continuously shrinking profit margins for enterprises. The supply-demand relationship in the market is intricate, with frequent mismatches between upstream production and downstream demand. Additionally, the external sales and procurement activities of integrated enterprises introduce additional supply-demand variables, making price formation factors in spot orders elusive. To better serve the manganese sulphate spot market, the SMM Manganese Research Team, after accumulating data and constructing internal models, has launched the "Manganese Sulphate Transaction Sentiment Factor." This index will be released daily at 11:00 during trading sessions, providing quantifiable, traceable, and early-warning sentiment references for industry chain enterprises.
1. Data Highlights
1. Three-Dimensional Factors, Comprehensive Portrayal
- Overall Sentiment Factor: Reflects the overall market heat of the day.
- Upstream Sales Sentiment Factor: Quantifies smelters' willingness to sell manganese sulphate.
- Downstream Purchase Sentiment Factor: Quantifies ternary cathode precursor and other downstream enterprises' purchase willingness.
2. Professional Scoring, Weighted Calculation
The analyst team conducts daily targeted exchanges with enterprises, scoring sales/purchase intentions on a 1–5 scale (1=limited inquiries, occasional rigid demand; 5=panic buying, spot cargo sold out instantly), and weights them by enterprise capacity/procurement volume to ensure the factor represents mainstream industry trends.
3. High-Frequency Release, Market Leadership
To ensure timeliness and continuity, the manganese sulphate sentiment factor is updated daily at 11:00 during trading sessions.
2. Application Scenarios
- Manganese Sulphate Smelters: Adjust sales pace based on downstream purchase willingness to mitigate risks of low-price sales.
- Ternary Cathode Precursor and Other Downstream Enterprises: Swiftly capture supplier sales signals to choose optimal procurement timing.
- Industry Analysts: Quantify manganese market sentiment fluctuations to refine industry research frameworks.
