Overview:Approaching the traditional consumption peak season, inventory across the industry chain has been largely consumed, and there is demand for restocking in the market. It is expected that a round of stockpiling will follow. From the execution of long-term contracts, the cargo pick-up plan in September is higher than that in August, and market bullish sentiment is strong.
Downstream: It feels that manganese prices remain as stable as ever. Their procurement volume is relatively small, so the impact is limited.
Downstream: The production schedules for August, September, and October are all looking good, so they are expected to increase procurement. Their prices are likely to rise somewhat, but manganese ore prices will be difficult to sustain, leaving relatively small upside room.
Upstream: There has been no concentrated restocking for now, but the pickup volume of long-term contracts in August increased compared to July, and the cost side has temporarily stabilized.
Upstream: Inventories are quite low, below the safety margin, so there is an intention to raise prices by 50-100 yuan/mt, and market demand in September should be decent.
Dados Históricos
Diariamente
1 Mês
-
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Overview:Approaching the traditional consumption peak season, inventory across the industry chain has been largely consumed, and there is demand for restocking in the market. It is expected that a round of stockpiling will follow. From the execution of long-term contracts, the cargo pick-up plan in September is higher than that in August, and market bullish sentiment is strong.
Downstream: It feels that manganese prices remain as stable as ever. Their procurement volume is relatively small, so the impact is limited.
Downstream: The production schedules for August, September, and October are all looking good, so they are expected to increase procurement. Their prices are likely to rise somewhat, but manganese ore prices will be difficult to sustain, leaving relatively small upside room.
Upstream: There has been no concentrated restocking for now, but the pickup volume of long-term contracts in August increased compared to July, and the cost side has temporarily stabilized.
Upstream: Inventories are quite low, below the safety margin, so there is an intention to raise prices by 50-100 yuan/mt, and market demand in September should be decent.
Dados Históricos
1M
3M
6M
1Y
3Y
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