[Ferro-Alloys.com] Despite sluggish demand, reducing spot of silicon manganese 6014 would be helpful to push price firm. It is said that prices for 6014 are currently setting to RMB5,060-5,080/mt by cash without tax in Quanzhou of Guangxi, while some as high as RMB5,100/mt. In Ziyuan area, prices of 6014 are now placing at RMB5,050/mt by cash without tax. In Nanjing, prices are concentrating on RMB5,000/mt.

In general, rising power prices for dry water season in Guangxi led to operation rates for silicon manganese on the decrease further, which contributes to strong desire of suppliers pushing up price.

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• [Editor:Sophie]