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After a review and consultation with the market, which ended on February 3, from February 5, Metal Bulletin will price its in-warehouse Chinese silico-manganese price fortnightly, rather than weekly as it did previously.
The price will be published once every two weeks, on Fridays.
The full specification for the price assessment will be as follows:
Description: Silico-manganese, 65% Mn, 17% Si, China spot market* Price: Yuan per tonne, delivered duty paid China, price for all Mn grades normalised to 65% basis a on pro rata basis Mn: 65-72% Si: 17% C: 1.8% max P: 0.25% max S: 0.04% max Form: Lumps Lot size: 100T min Payment terms: Cash, other payment terms normalised Assessment: On alternate Fridays by Metal Bulletin’s Shanghai office, except when that office is closed for public holidays. Such times will be notified well in advance. Publication: Between 2pm and 3pm London time on alternate Fridays.
*The description has been simplified from the previous version: Chinese free market min 65% Mn max 17% Si in warehouse China RMB per tonne
If you have any comments or wish to participate in pricing, please contact Ellie Wang at ellie.wang@metalbulletinasia.com.
If you have any questions about Metal Bulletin’s general pricing methodology and policy, please contact market data and compliance manager Paolo Sorze at psorze@metalbulletin.com or Metal Bulletin editor Alex Harrison at aharrison@metalbulletin.com.
Ellie Wang ellie.wang@metalbulletinasia.com Wechat: elliewang0712