【 Silicon manganese, ferrosilicon market analysis and strategy 】
In terms of silicon and manganese, the inventory of silicon and manganese in sample enterprises declined, and the price was driven by the rise of manganese ore, and the long-term operation was strong. Recently, the production of enterprises has increased, the delivery inventory has risen, and the risk of price correction needs to be paid attention to. Ferrosilicon spot stable, operating rate, production continued to rise, inventory in the same period of the median. At present, the production of ferrosilicon has increased significantly, the industry profits have improved, and it is necessary to pay attention to the purchasing willingness of steel mills in the later stage.
Silicon manganese main contract 2409 closed at 8522 yuan/ton this week, down 9.15% week on week. The spot market quotation sentiment is depressed, the supply side operating rate and the average daily production increase. Demand for five major materials silicon manganese demand decreased, the market wait-and-see sentiment is strong.
The main contract of ferrosilicon 2409 closed at 7302 yuan/ton this week, down 9.56% week on week. The spot market is stable and strong, and the wait-and-see sentiment in the market is increasing. The operating rate and daily output of the supply side increased, while the demand side decreased from the previous quarter.
In terms of strategy, silicon manganese concussion is strong, polysilicon manganese 2409; Ferrosilicon oscillation. Cross-breed, cross-period none. Risks include the availability of manganese ore.
