【 Macro and Industry News 】
Five steel types of ferrosilicon (weekly demand) : 22,760.1 tons, down 0.69% from last week, the national ferrosilicon production (weekly supply) : 9200 tons. Five steel types of silicon manganese (weekly demand 70%) : 136,835 tons, down 0.37% from last week, the national silicon manganese production (weekly supply 94%) : 220,528 tons, an increase of 1.21% from last week.
Trend strength
Trend strength of ferrosilicon: 0; Manganese-silicon trend strength: 0
Note: The value range of trend strength is an integer in the range of -2,2. The strength degree is classified as follows: weak, weak, neutral, strong, strong, -2 means the most bearish, 2 means the most bullish.
【 Views and Suggestions 】
Ferrosilicon and manganese-silicon in the week first suppressed and then raised, the center of gravity slightly moved down. The supply of double silicon has increased in the week, the overall demand is stable, and the inventory has been removed. From the perspective of industry performance, iron silicon and manganese silicon face limited objective constraints in the context of high production capacity, and the overall supply is significantly guided by demand along with profit regulation, while the upper limit space of dual-silicon demand steel is relatively limited under the influence of flat control expectations and off-season conversion. In the short term, the double silicon industry is still dominated by a wide supply and demand pattern, and the industry is not driven enough. From the perspective of valuation changes, the weakening of the coal coke system has an impact on the carbon raw materials produced by double silicon from the perspective of cost transmission, and double silicon, especially iron silicon, has expanded its profits recently in the process of falling carbon prices. Weak valuation margin combined with insufficient profit drive, although the price of silicon has been boosted recently by the impact of plate sentiment repair, but the upper space or still face constraints, short-term or continue to be treated with a wide range of shocks.
