Nanhua Futures(SH:603093) Jin Tou Wang·2026-01-08 06:02Group 1 - The main contract for silicon iron futures experienced a sharp decline, reaching a low of 5686.00 yuan, with a current price of 688.00 yuan, reflecting a drop of 2.84% [1] - Institutions have varying views on the future of silicon iron prices, with expectations of price fluctuations around cost valuation levels due to high overall costs and seasonal demand pressures [2] - The overall trend of silicon iron prices is heavily dependent on energy price changes, with current coal prices providing some support to costs [3] Group 2 - The production of silicon iron is currently low, and major steel mills are still showing a willingness to replenish stocks before the winter season [3] - Despite an increase in iron alloy production and inventory accumulation, the downside for iron alloys is limited due to cost support and recent positive trends in bulk commodities [3] - The market outlook suggests a cautious approach to bearish positions, considering the potential for cost support and disruptions in coal production [3]