The latest price is 270 yuan per tonne
higher than the mill’s purchase price of 6,080 yuan per tonne for November-delivery cargoes.
HBIS’ price, which applies to cargoes delivered to warehouse, includes value-added tax and should be paid on acceptance, according to market sources.
The mill announced on December 1 that it would purchase 24,400 tonnes of silico-manganese for delivery in December, up by 1,800 tonnes from the 22,600 tonnes it bought for November-delivery.
On December...
