Silicon manganese market consolidation operation, the mainstream steel offer is finalized, the overall market weak operation, silicon manganese qualified block cash including tax self-offer north offer of 6750 yuan/ton, retail transaction price around 6700 yuan/ton. South mainstream quote 6800-6850 yuan/ton, Henan not including tax at 6300 yuan/ton.
At the futures end, the main contract of silicon manganese rose less than other black varieties. The main contract of silicon manganese 09 closed at 6806, with a range of 0.47%, an increase of 32, and a one-day reduction of 1264 hands; Major production areas in the north to take delivery of ground handicap price resources reduced.
On the supply side, the production area of Inner Mongolia has obvious cost advantage, the spot profit maintains 300-500 yuan/ton, and the sales pressure is small. The manufacturers in the production area have high production enthusiasm, and the output of this production area accounts for about 48% of the total output of the country, and the supply of silicon manganese in the country continues to maintain a high situation.
Demand end, North China steel pricing reference River steel Group silicon manganese price float 150-200 yuan/ton, individual steel pricing around 6900 yuan/ton acceptance or 6850 yuan/ton cash, East China steel pricing around 7050 yuan/ton acceptance.
On the whole, the market trend this month is basically fixed, the factory price compared with steel recruitment eve down 50 yuan/ton or so, in the short term, the silicon manganese market to maintain weak operation.
