Raw material manganese ore market : Although the factory has ceased production and production reduction news, the actual demand is quite weak, but with the high cost of miners and the strong operation of the silico-manganese alloy market, today's manganese ore market is still operating steadily, and the actual trend has not fluctuated significantly. The data shows: the current Australian block of Tianjin Port Manganese Mine is reported at 41 yuan/ton degree, semi-carbonic acid is 34-35 yuan/ton degree, and the **onese block is 39.5-40 yuan/ton degree; Qinzhou Port’s mainstream Australian block is reported at 43 yuan/ton degree, semi-carbonic acid 37 yuan/ton degree, **on block 41 yuan/ton degree, the overall quotation has not changed much compared with last weekend.
【Silicon Manganese】Awesome! Futures rose sharply above "9000", and the spot market went red across the board! !
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2021-09-13 17:40
Living up to expectations, the market resumed at the beginning of this week, the silico-manganese alloy market is still running strongly, and the price is red across the board! Futures and spot interact and influence each other . Thanks to the strong operation of the futures market (today's high of 9192, minimum of 8828, and an increase of 300 at closing), coupled with tight corporate spot supply (recently, news of electricity and production restrictions in Guangxi and Guizhou have continued, and factory production has been significantly affected. Most It means that there is no spot and order-based production. Among them, some of the furnaces in Guangxi are basically in production at 50% of the load; while the manganese and silicon enterprises in Guizhou basically stop production, and the Xingyi area uses the local power grid or the Southern Power Grid. Companies are currently in production at 50% of the load. In September, the output of manganese and silicon was about 25,000 tons. If the policy is maintained at the end of the month, the monthly output in this area will be only about 50,000 tons, which is a decrease of 60,000 tons compared with the previous month. Reduced production by about 54%), the raw material market remained strong, and market news appeared frequently (September 11, the Yunnan Provincial Energy Conservation Work Leading Group Office’s notice on resolutely doing dual control of energy consumption: September-December on fertilizer manufacturing, basic Among the four industries including chemical raw material manufacturing, coal processing, and ferroalloy smelting, companies whose energy consumption per 10,000 yuan of added value is higher than the industry average adopt key corporate energy control measures, and those companies that are 1-2 times higher than the average limit their production to 50% Enterprises that are 2 times or more above the average limit their production to 90%, and pay close attention to the specific production situation of silico-manganese and other alloy enterprises in the area in the later period). The market resumed early today, and the silico-manganese alloy market is operating strongly, and the price is increased by about 200 yuan/ton To around 8600-8800 yuan / ton (even some factories have already closed their quotations for the time being). Futures market : 2201 Dayang, the main force of silicomanganese futures today, pulled up. Under the continuous fermentation of electricity and production restrictions, it opened sharply higher in the early trading, and then fluctuated all the way up to the close. The intraday highest point was 9192 points and the lowest point was 8828 points. The open interest volume was 14311 lots on the same day, and the total open interest volume was 269,347. The trading volume increased significantly compared with the previous trading day, and finally recorded a daylight K-line with a certain shadow. Technically, the effective red column of MACD has been enlarged slightly. It was predicted yesterday that the news and emotions will determine the operation of the disk. Under the influence of the news of power curtailment and production restriction on the weekend, the rise of Dayang today is in line with expectations. In the short term , The news and emotions still determine the operation of the disk. Today, the disk hit a record high and the disk is in a strong form. At the same time, the 8300 line has strong support. Operational recommendations: operate in small positions, and do a good job of stop-profit and stop-loss.
E25 Price at posting:
$2.04 Sentiment: None Disclosure: Not Held
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