According to the latest data released by the General Administration of Customs, SMM statistics indicate that China exported 3607.39 tons​ of silicomanganese in June 2026, marking a 41.70% month-on-month​ decline and 213.25% year-on-year​ increase. Total exports for January–June 2026 reached 24856.28 tons, up76.68%​ year-on-year.

The spot price of domestic electrolytic manganese showed a clear staged trend in the first half of 2026: it first surged upward, retreated amid intensified long-short game, and then rebounded and stabilized supported by coordinated production cuts. The price center remained elevated throughout the period, underpinned mainly by high sulfuric acid costs and joint industry regulation.

The 2026 H1 manganese market trended up first and down later, with high-level volatility driven by persistent friction between rigid high-cost support and weak terminal demand. The H2 market is poised for cost-supported limited recovery. Firm overseas ore prices will underpin the market, while high port inventories cap upside. Silicomanganese prices are expected to trend higher on production cuts and destocking, with rebound room constrained by demand recovery progress.

Electrolytic manganese entered its traditional off-season in May and June 2026, with the market witnessing a loose supply-demand surplus and narrow price fluctuation ranges. Hit by sluggish downstream purchases, prices once corrected notably......

Affected by the traditional consumption off-season and raw material price transmission, China’s deep-processed manganese products came under overall downward pressure this week. Products showed differentiated market performances due to distinct supply-demand fundamentals, with obvious linkage across the industrial chain.

Trading activity in China's electrolytic manganese market remained sluggish this week. After an earlier decline, mainstream spot prices have stabilized at a transaction level of 17,800 yuan per ton.

The domestic electrolytic manganese market has stabilized slightly after a minor decline recently, with a lingering weak and sluggish market sentiment. Although the price drop has slowed down without continuous sharp declines, market pessimism remains prevalent, and downward pressure is still prominent.

Recently, China’s EMM market has shown a slight decline followed by temporary stabilization, with a persistently weak, gradual downtrend atmosphere. Although the price decline has slowed down and no sustained sharp drops have occurred, market pessimism is strong and downward pressure remains.

Recently, China's EMM market displayed a distinct dual pattern of "strong cost support with loosening at highs," with intensifying industry supply-demand and cost dynamics.

During the 2026 Spring Festival holiday, China’s manganese tetroxide market maintained a weak tone, characterized by sluggish trading, stable prices, and stalemated supply and demand. On the cost side, electrolytic manganese prices bottomed out at low levels with limited upward momentum. On the demand side, lithium manganate producers had completed pre-holiday restocking and focused on inventory digestion.