Price Snapshot
Product: Electrolytic Manganese Metal (EMM)
Grade: 99.70%
Unit: USD/ton
Basis: FOB Tianjin Port
- Quotation range: $2,355–$2,375/ton
- Price change: ↑ $10/ton vs. previous assessment
- Transaction price range: $2,355–$2,375/ton
- Transaction price change: broadly in line with quotations
Mainstream offers and workable trade levels are now assessed at $2,355–$2,375/ton FOB Tianjin, with a $10/ton increase showing a mild upward adjustment in response to cost pressure.
Link Between EMM Prices and Energy Costs
1) Power tariffs push production costs higher
EMM production requires large amounts of electricity. Where power tariffs remain firm or edge higher, smelters face rising unit costs per ton. Even if demand is not particularly strong, producers are reluctant to quote at levels that fail to cover their power bills, which naturally supports or lifts FOB offers.
2) Coal and fuel costs limit discount room
In regions where electricity is still heavily linked to coal-fired generation, higher coal and fuel costs narrow producers' margin space. This means exporters have less room to grant deep discounts, and instead tend to defend a higher price floor, as reflected in today's $10/ton increase in the EMM 99.70% range.
3) Operating rate decisions influenced by energy economics
When energy costs rise and margins are squeezed, some EMM producers may choose to lower operating rates or delay restarts. Even modest output reductions, combined with steady energy costs, can tighten the volume available for export and help hold prices around the $2,355–$2,375/ton band.
4) Cost support behind firmer quotations
Today's alignment between the quotation range and transaction range suggests that buyers are accepting slightly higher levels that reflect energy-driven cost support, rather than purely speculative price moves.
Current Market Tone
The market tone for EMM 99.70% FOB Tianjin is described as firm with a slight upward bias:
- Sellers are trying to pass part of the energy cost increase into export prices.
- Buyers needing prompt shipment are accepting the revised levels around $2,355–$2,375/ton.
- Negotiations remain active, but there is limited space for large downward adjustments as long as electricity and fuel costs stay elevated.
Short-Term Outlook
Over the next 1–2 weeks, EMM prices are likely to remain stable to slightly higher if:
- Power tariffs and broader energy costs remain firm, and
- Producers keep operating at current or slightly reduced rates.
A meaningful easing in energy prices could increase negotiation room on the downside. However, as long as EMM remains strongly tied to high electricity consumption, energy costs will continue to set the floor for export pricing.
Request a Firm Offer
To receive a detailed, workable offer, please provide:
- Required grade/specification (e.g. EMM 99.70%)
- Quantity and preferred shipment period
- Packing (1MT big bags or 25kg bags on pallets)
- Destination port and trade term (FOB or CIF)
We will respond with the latest price level, shipment options, and any cost considerations linked to current energy and power market conditions.
