August 22, 2024, Silicon Manganese Latest News
Aug 22, 2024
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Silicon manganese market temporarily stable operation. In terms of industry, the port manganese mine shock is weak, the national silicon manganese manufacturers' losses continue to expand, the follow-up northern production cut will also increase, the inventory level in Qinghai region is low, manufacturers are maintaining the production status of the list, some enterprises list to the middle and late September, some enterprises have no finished products waiting for delivery. In terms of demand, steel mills control the pace of procurement, river steel delays pricing, the current weak operation, manufacturers are difficult to ship, the accumulation of obvious, the market wait-and-see mentality is stronger. Strategy suggestion: SM2501 contract high open shock, plate warming, alloy to follow the strong operation, but the upside is suppressed by weak fundamentals, the operation to maintain the shock idea, please pay attention to risk control.
