Feb. 26, 2025: Silicon Manganese Latest News
Feb 26, 2025Ħalli messaġġ
Feb. 26, 2025: Silicon Manganese Latest News(7126, -152.00, -2.09%) : On Tuesday, the silicon manganese futures price fell more, the main contract closed at 6368CNY/ ton, down 1.79% from the previous month, and the intraday volatility of the main contract positions expanded. The market price of 6517 silicon manganese is 6080-6250CNY/ ton, which is 100CNY/ ton lower in Inner Mongolia than in the previous trading day, and 70CNY/ ton lower in Ningxia than in the previous day. Yesterday, the overall trend of the black plate was weak, and the center of gravity of the silicon manganese futures price continued to move down. Recently, the focus of attention of the silicon manganese market is gradually turning, manganese ore end, although the current port manganese ore inventory is relatively low, manufacturers are willing to support the price is strong, but the port manganese ore summary price focus is still moving down slightly, the cost side support is slightly weak. From the perspective of supply and demand fundamentals, the weekly production of silicon manganese remains relatively stable, but the demand for silicon manganese in steel mills is still at a low level in the same period in history, which has a certain drag on the price of silicon manganese. Overall, the short-term silicon manganese futures price lack of upward drive, fundamental support is gradually weakening, market sentiment also has a greater impact, is expected to maintain a slightly weak trend in the short term.Feb. 26, 2025: Silicon Manganese Latest News
