【 Macro and Industry News 】
Chinese shipments this week came from South African manganese mines of 433,600 tons, up 87.32 percent from the previous week and 53.6 percent from the same period last year. 139,500 tonnes from Australian manganese ore, up 284.59% from the previous week and 283.75% from the same period last year. 205,300 tonnes from Gabon manganese ore, up 102.6% month-on-month from the previous week and 419.06% from the same period last year.
[trend strength]
Trend strength of ferrosilicon: 0; Trend strength of manganese silicon: 0
Note: The trend strength is an integer in the range of -2,2. Strength degree is classified as follows: weak, weak, neutral, strong, strong, -2 indicates the most bearish, 2 indicates the most bullish
[Views and Suggestions]
Ferrosilicon and manganese silicon intra-day oscillation is strong. Plate demand stage peak superposition itself drive insufficient, double silicon price relative pressure. On the one hand, the current black table needs to show signs of the peak stage, plate commodities face potential demand shocks brought by upward resistance. On the other hand, although the current supply of ferrosilicon and manganese silicon is disturbed by factors such as spontaneous production reduction and electricity cost increase, the overall restraint is relatively limited, and the inventory of silicon is still high, so the upward drive of its own supply and demand on the price is slightly insufficient. Therefore, the recent double silicon plate and its own dual drive, the premium callback is obvious. In the short term, considering that the negative feedback transmission process of the direct downstream steel output of double silicon has not yet started, and the steel output still remains high, the direct demand of double silicon still has static support. In the recent price has been back on the basis of double silicon short-term or low shock to the idea of treatment.
