September 18, 2024: Silicon Manganese Latest News
Sep 18, 2024
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Last week, the silicon manganese market was weak. The manganese ore market watched and watched, the price fluctuated slightly. The rate continues low. In terms of demand, terminal performance continues to decline, limited profit restoration of downstream enterprises, slow production, delayed market procurement, and the transaction is mainly based on the disk base. From the perspective of this week: the disadvantaged manganese ore consolidation, the chemical focus has continued to fall or ushered in a repair rebound, the cost fluctuates, and the origin of the production area has fluctuated slightly. Individual factories have stoves for maintenance. Due to the sluggish market, the subsequent output may continue to decline slightly. According to the survey, the whole country Silicon manganese output (99%weekly supply): 176,330 tons, a decrease of 0.43%from the previous period, and 63 independent silicon manganese enterprises in the country (national production capacity accounted for 79.77%): The country's inventory was 17,3800 tons, an increase of 28,000 tons from the previous period, and downstream procurement was purchased downstream. Be cautious, the mainstream steel recruitment is purchased by the factory, and the amount of mining decreases by 900 tons compared with August. Some Southern Steel Factory opened a new round of steel moves, and some prices fell below 6000cNY/ton accepting tax included. Essence Pay attention to the continuity of the demand for building materials. Strategic suggestions: SM2501 contracts are weak, and the multi -daily moving average shows short arranges. It is recommended to maintain shocks in the operation in the operation. Investors are requested to pay attention to risk control.
