永安期货铁合金早报-20250812

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints - No relevant information provided 3. Summary by Related Catalogs Price - For silicon ferroalloy on August 12, 2025, the latest prices of Ningxia 72 and Inner Mongolia 72 were 5500 and 5450 respectively, with daily changes of 100 and 0, and weekly changes of 100 and 50. The main contract price was 5830, with a daily change of 58 and a weekly change of 156 [2]. - For silicon manganese, the latest prices of Inner Mongolia 6517, Ningxia 6517, and Guangxi 6517 were 5800, 5850, and 5870 respectively. The main contract price was 6100, with a daily change of 54 and a weekly change of 128 [2]. Supply - The monthly production of 136 silicon ferroalloy enterprises in China from 2021 - 2025 is presented, showing fluctuations over the years [5]. - The weekly production of 136 silicon ferroalloy enterprises in China (with a capacity - share of 95%) from 2021 - 2025 is also shown, with different production levels in different periods [5]. - The monthly production of silicon manganese in China from 2021 - 2025 is provided, and the production volume varies year - by - year [7]. Demand - The estimated monthly production of crude steel in China from 2021 - 2025 is given, which reflects the demand for ferroalloys in the steel - making industry [5][8]. - The monthly demand for silicon manganese in China (according to the Steel Union's caliber) from 2021 - 2025 shows an upward - trending demand in general [5][8]. Inventory - The weekly inventory of 60 sample silicon ferroalloy enterprises in China from 2021 - 2025 is presented, with inventory levels changing over time [6]. - The daily total number of silicon ferroalloy warehouse receipts and effective forecasts on CZCE from 2021 - 2025 are shown, which can reflect the inventory situation in the market [6]. - The daily total number of silicon manganese warehouse receipts, effective forecasts, and the sum of warehouse receipts and effective inventory on CZCE from 2021 - 2025 are provided, indicating the inventory status of silicon manganese [8]. Cost and Profit - The electricity prices for ferroalloys in Qinghai, Ningxia, Shaanxi, and Inner Mongolia from 2021 - 2025 are presented, which are important cost factors for ferroalloy production [6]. - The production costs and profits of silicon ferroalloy in Ningxia and Inner Mongolia from 2021 - 2025 are shown, including costs per ton and profit from converting to the main contract [6]. - The profits of silicon manganese in Inner Mongolia, Guangxi, the northern region, and the southern region from 2021 - 2025 (according to the Steel Union's caliber) are provided, as well as the profit from converting Guangxi silicon manganese to the main contract [8].