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Manganese electrolytic market lacks strong support

This week, the hotness of the electrolytic manganese market has dropped significantly, and some factories and traders have fed back that there is no actual order purchase from the terminal for the time being. Considering that there is no strong support in the market for the time being, the southern factories lowered their quotations with the market under the pressure of shipping. Under the current situation that supply is greater than demand, steel mills are not active in bidding and purchasing, while traders also operate mainly according to orders, the short-term inquiry and transaction performance is cold, and the terminal pressure psychology is increasing, and the risk of falling price of electrolytic manganese still exists.