Many recent earthquake in Japan,
Musk R-1, the industry started to pay attention to China manganese market. Different point of view, look at problems from different perspectives, the conclusion is not the same. Following is a brief talk about the voice of the two markets.
First, the Japanese earthquake on the Chinese manganese ore market exists positive factor.
Holding such a view of the industry believes that the reconstruction of Japan after the earthquake will boost Chinese exports of steel products, we can pull the steel market, steel production increased, while production from the expansion of manganese alloys,
CAS 3391-83-1, manganese ore increased demand.
Second, Japan's earthquake in China there is negative factor for the manganese market.
The impact of the iron ore market has been revealed beyond doubt, after the earthquake, the rapid decline of domestic iron ore market. Some people think of domestic manganese ore market will also suffer. Because several major Japanese steel mills stop production, alloy plant is shut down. Short-term manganese mine sent to Japan, the amount would be reduced, do not rule out significant increase in BHP and other mining ore to China's sales volume, thus resulting in increased manganese market decline.
Both sides have their rationality. The first point to consider is the time period of reconstruction after the earthquake problem; second point, the Japanese earthquake in the short term impact on the domestic manganese ore market.
Perspective on the current development of the market.Japan earthquake on Chinese imports of manganese ore market is bearish, the port manganese stock decline unabated: Mn44 O blocks mainstream price 50 yuan / ton level,
fine chemicals supplier, Mn45 Brazil 46-yuan / ton degrees also traded, Mn38Fe5 block South Africa 45.5 Yuan / ton degrees; of course, the domestic excess supply of imports of manganese ore and other factors, but the Japanese earthquake of imported manganese ore market, the impact of the spot and the outer disk should not be ignored. Source: http://www.mhcfm.com
