硅铁：市场交投氛围浓厚，宽幅震荡

Group 1: Report Industry Investment Rating - No information available Group 2: Report's Core View - The trading atmosphere in the ferrosilicon and silicomanganese markets is strong, with wide - range fluctuations [1] Group 3: Summary by Related Catalogs Fundamental Tracking - Futures Data: For ferrosilicon, the closing price of the 2508 contract was 5490 yuan/ton, up 24 yuan from the previous trading day, with a trading volume of 1,838 and an open interest of 11,641; the 2509 contract closed at 5508 yuan/ton, up 26 yuan, with a trading volume of 209,310 and an open interest of 183,514. For silicomanganese, the 2508 contract closed at 5796 yuan/ton, up 4 yuan, with a trading volume of 1,824 and an open interest of 11,293; the 2509 contract closed at 5804 yuan/ton, up 10 yuan, with a trading volume of 273,992 and an open interest of 348,403 [1] - Spot Data: The price of ferrosilicon FeSi75 - B in Inner Mongolia was 5250 yuan/ton; the price of silicomanganese FeMn65Si17 in Inner Mongolia was 5630 yuan/ton, up 30 yuan from the previous trading day. The price of manganese ore Mn44 block was 39.0 yuan/ton - degree, and the price of small - sized semi - coke in Shenmu was 550 yuan/ton [1] - Spread Data: The ferrosilicon spot - 08 futures spread was - 240 yuan/ton, down 24 yuan; the silicomanganese spot - 09 futures spread was - 174 yuan/ton, up 20 yuan. The ferrosilicon 2508 - 2509 spread was - 18 yuan/ton, down 2 yuan; the silicomanganese 2508 - 2509 spread was - 8 yuan/ton, down 6 yuan. The silicomanganese 2508 - ferrosilicon 2508 spread was 306 yuan/ton, down 20 yuan; the silicomanganese 2509 - ferrosilicon 2509 spread was 296 yuan/ton, down 16 yuan [1] Macro and Industry News - On July 18, the price range of 72 ferrosilicon was 5050 - 5150 yuan/ton in Shaanxi, 5150 - 5250 yuan/ton in Ningxia, 5150 - 5200 yuan/ton in Qinghai, 5200 yuan/ton in Gansu, and 5200 - 5250 yuan/ton in Inner Mongolia; the price range of 75 ferrosilicon was 5650 - 5700 yuan/ton in Shaanxi, 5600 - 5650 yuan/ton in Ningxia, 5550 - 5600 yuan/ton in Qinghai, 5600 - 5650 yuan/ton in Gansu, and 5600 - 5650 yuan/ton in Inner Mongolia. The FOB price of 72 ferrosilicon was 1000 - 1020 dollars/ton, and that of 75 was 1080 - 1110 dollars/ton. The price range of 6517 silicomanganese was 5500 - 5600 yuan/ton in the north and 5600 - 5650 yuan/ton in the south [2] - Yunnan Kunsteel set the purchase price of 75B ferrosilicon at 5730/5740 yuan/ton, up 130 yuan/ton from the previous round, with a quantity of 350 tons each [2] - As of this Friday, the manganese ore inventory at Tianjin Port was 339.5 million tons, down 11.7 million tons from the previous period; at Qinzhou Port, it was 87.18 million tons, up 2.12 million tons; at Caofeidian Port, it was 0 million tons; at Fangchenggang Port, it was 1.3 million tons, down 1.1 million tons. As of July 18, the total manganese ore inventory was 427.986 million tons, down 10.68 million tons [3] Trend Intensity - The trend intensity of ferrosilicon is 0, and that of silicomanganese is 0 [3]