SunSirs: Production Restriction Is Normalized, and the Spot Price of Silicomanganese Is Stable

2021-09-01by admin

  Price trend

  On August 17, the spot price of silicomanganese was stable, and the price in the main factory area in Ningxia was between 7,550-7,650 RMB/ton.

  Analysis review

  Now local production restrictions have become a normal trend. It is reported that the power curtailment situation in Inner Mongolia has eased, and the most severe month-on-month production reduction situation may pass, and the production and demand of silicomanganese will both rebound.

  On the upstream side, the actual transaction of ore prices is sluggish, and the willingness of factories to purchase replenishment is not strong.

  Market outlook

  The short-term silicomanganese spot market may operate smoothly.