[There is no big fluctuation for manganese alloy market in Middle January. Currently, gloomy demand and downtrend for ore

As slipping into mid-January, it seems that downtrend for manganese ore spot prices still fail to stop given gloomy market demand.

Mg market ran slowly this week and some magnesium producers lowered quotations further. Mainstream Shaanxi Mg99.90% price was RMB14,950-15,050/mt（USD2,465-2,507/mt, export duty not included

With appearance of steel mills lowering purchase price of ferrosilicon for January delivery and financial difficulties, some ferrosilicon producers further lowered ferrosilicon quotations.

Compared with previous month, Si transaction was less active on spot market. Since in Jan., demand for silicon metal

CaSi market ran smoothly and most orders were from old clients. Nearing Spring Festival, some downstream consumers