【 Macro and Industry News 】
Five kinds of steel ferrosilicon (weekly demand) : 24216.4 tons, down 2.46% from last week, national ferrosilicon production (weekly supply) : 9700 tons. Five kinds of steel silicon manganese (weekly demand) : 143,910 tons, decreased by 1.84% from last week, the national silicon manganese production (weekly supply) : 206,500 tons, decreased by 1.8% from last week.
[trend strength]
Trend strength of ferrosilicon: -1; Trend strength of manganese silicon: -1
Note: The trend strength is an integer in the range of -2,2. The strength degree is classified as follows: weak, weak, neutral, strong, strong, -2 indicates the most bearish and 2 indicates the most bullish.
[Views and Suggestions]
Ferrosilicon and manganese-silicon in the cycle first rise and then decline, the overall wide shock, industrial premium callback superimposed negative feedback impact of demand, the price of silicon corresponding weakening. On the one hand, in the early stage, based on concerns about potential supply disturbance, the price of duplex silicon correspondingly rose, but from the background of excess capacity and supply disturbance, the relatively loose nature of supply and demand of duplex silicon did not support its rising premium. On the other hand, from the perspective of demand feedback of the industrial chain, after the steel demand is facing the peak pressure, the steel mill has already realized the voluntary production reduction behavior, superimposed on the rumor of the policy of flat control of the crude steel within the year, forming a direct demand impact on the upstream charge including silicon. Therefore, the industrial premium callback superimposed demand margin weakening, double silicon price rush high fall, weak operation. In the short term, under the background of insufficient industrial gap contradiction and continuous contraction of industrial demand, the whole dual-silicon is treated with the idea of weak shock.
