Group 1: Silicon Iron Market Analysis - The cost of silicon iron raw materials ranges from 180-230 CNY/ton for silicon stone and 890-940 CNY/ton for coal, with electricity prices showing mixed trends in October[1] - Current spot prices for silicon iron are reported at 6000-6100 CNY/ton for 72 silicon iron and 6600-6800 CNY/ton for 75 silicon iron, with some companies waiting for market stabilization[1] - Silicon iron warehouse receipts increased by 1216 to a total of 6246, while pre-receipts decreased by 1168, indicating a net increase of 240 tons in total warehouse receipts[1] Group 2: Technical Analysis and Market Sentiment - The Wenhua Commodity Index closed at 176.51, up 0.84%, with a net capital inflow of 5.345 billion CNY[2] - The main silicon iron futures contract closed at 6464 CNY, up 1.16%, with a settlement price of 6436 CNY and a reduction in open interest by 2985 contracts[2] - The market sentiment is influenced by macroeconomic expectations, with limited impact from fundamental factors[3] Group 3: Manganese Silicon Market Insights - Manganese ore prices are on the rise, with transactions at 32.5-33 CNY/ton for semi-carbonate at Tianjin Port and 38.5-39 CNY/ton for Gabon[5] - Current spot prices for manganese silicon range from 6000-6150 CNY/ton in the north and 6100-6200 CNY/ton in the south, with November steel procurement prices concentrated around 6300-6450 CNY/ton[5] - Manganese silicon warehouse receipts increased by 3469 to a total of 39179, while pre-receipts decreased by 3072, resulting in a net increase of 1985 tons[5] Group 4: Market Trends and Projections - The market is expected to experience low-level wide fluctuations, with attention on integer support levels and pressure near the 60-week moving average[7] - The demand for silicon iron has slightly decreased, while the overall market remains influenced by macroeconomic conditions and capital inflows[8]
铁合金日报-美联储降息在即,宏观小作文不断,盘面走强
Hua Rong Rong Da Qi Huo·2024-11-08 00:33