[Ferro-Alloys.com] Faint demand resulted in further tumbling on silicon manganese in China recently. It is said that 6014 in Guanyang of Guangxi was quoted at RMB4,900/mt by cash without tax while in Hunan some producers still put price on hold at RMB5,000/mt by cash without tax. In Yunan, limit spot supply brings about some cushion on silicon manganese 6014 market. As for non-stardar silicon manganese, silicon manganese 50 was put at RMB4,300-4,350/mt, 55 was fixed at RMB4,650-4,700/mt while RMB4,800-4,850/mt for 58 in Hunan and Guangxi areas.

All in all, shrinking demand makes silicon manganes 6014 market on track to poor transaction condition.

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• [Editor:Sophie]