Market Prediction

After releasing the new customs policy, some of the merchants think the new policy has little effect on the export market. They gradually begin to quote. The offshore RMB is getting lower which makes the export price of Silicon Metal more competitive in global market.

As the domestic centralized tender of Manganese Metal ends, the demand of downstream industry was reducing. The market was thin. In addition, some of the manufacture factory restore production recently. It’s said that in the next week, the Manganese Metal price will be gradually lower.