Supply - The operating rate of 136 independent silicon iron enterprises is reported at 31.22%, a decrease of 1.31% from the previous period [4] - The average daily output is 13,365 tons, down by 1,335 tons compared to the last period, with a weekly supply of 93,500 tons [4] Demand - Weekly demand for five major steel types of silicon iron is 20,336.3 tons, a decrease of 2.00% from the previous week [5] - Total production of five major materials is 8.6835 million tons, down by 58,200 tons, with total inventory at 14.3066 million tons, a decrease of 454,100 tons [5] - Social inventory is 9.9367 million tons, down by 393,700 tons, while factory inventory is 4.3699 million tons, down by 60,400 tons [5] - The demand for metal magnesium remains stable, but market sentiment is cautious with limited downstream demand [5] Cost and Profit - The overall market for Lantan remains stable, with prices in the Fugu area around 605-720 yuan/ton [3] - The production costs for immediate production in Inner Mongolia, Qinghai, and Ningxia are 5,518 yuan/ton, 5,708 yuan/ton, and 5,469 yuan/ton respectively [3] - Immediate profits in Inner Mongolia and Ningxia are reported at -118 yuan/ton and -119 yuan/ton respectively [3] Market Outlook - The main contract for silicon iron futures shows fluctuations, with daily output decreasing and supply pressure easing [6] - The overall inventory remains at a medium-high level, with profit differentiation among manufacturers leading to reduced production for loss-making companies [6] - The cost of Lantan remains stable, and there is potential for electricity prices to rise in Ningxia, indicating a possible end to short-term price disturbances [6] - The supply-demand imbalance for silicon iron has significantly eased, but short-term demand lacks support, leading to expectations of price fluctuations [6]
硅铁：供需边际改善 成本持稳
Jin Tou Wang·2025-05-22 02:10