Jan. 14, 2025: Silicon Manganese Latest News
Jan 14, 2025
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Jan. 14, 2025: Silicon Manganese Latest News (7126, -152.00, -2.09%) market is strong. In terms of industry, the price of chemical coke is lowered with the mainstream metallurgical coke, the price of manganese ore is relatively strong, and the cost support is OK; Inner Mongolia only individual new furnace production increased, individual factories are still expected to open the furnace before the year, but the time is not clear, Ningxia non-standard warehouse supply reduced, the spot is concentrated in the factory warehouse, the cost of holding goods is relatively low, the manufacturer's capital pressure is general, the start of the fluctuation is not obvious; Production in the South is still expected to continue to decline, the sample of 187 independent silicon manganese enterprises in the country: the operating rate (capacity utilization rate) of 45.16%, down 0.13% from last week; The average daily output is 28,755 tons, an increase of 15 tons. In terms of demand, the five major steel types of silicon manganese (70% of weekly demand) 115810 tons, down 2.37% from last week, although the steel recruit is continuing, but the reserves are general, most steel mills maintain low inventory strategy, the terminal is weak, most steel mills do not have a silicon manganese stock plan in February, the macro impact is weakened, and the supply and demand game continues. Strategy suggestion: the main contract of silicon manganese bottomed out, the operation is recommended to maintain the shock idea, please pay attention to risk control investors. Jan. 14, 2025: Silicon Manganese Latest News
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