永安期货铁合金早报-20251023

Report Industry Investment Rating - Not provided in the document Core Viewpoint - Not provided in the document Summary by Relevant Catalogs Price - For silicon ferroalloy on October 23, 2025, the latest prices of Ningxia 72 and Inner Mongolia 72 are 5180 and 5200 respectively, with daily changes of 50 and 50, and weekly changes of 50 and 20. The latest prices of Qinghai 72, Shaanxi 72, and Shaanxi 75 are 5170, 5200, and 5800 respectively, with different daily and weekly changes. The export prices of Tianjin 72 and Tianjin 75 are 1055 and 1105 respectively [2]. - For silicon manganese on October 23, 2025, the factory - ex prices of Inner Mongolia 6517, Ningxia 6517, Guangxi 6517, Guizhou 6517, and Yunnan 6517 vary, and the trading prices of Ningxia 6517 and Jiangsu 6517 also have different changes [2]. Supply - The production data of 136 silicon ferroalloy enterprises in China, including monthly production, weekly production (with a capacity share of 95%), and capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi from 2021 - 2025 are presented. Also, the production data of silicon manganese in China, such as weekly production and the procurement volume and price of Hebei Iron and Steel Group from 2021 - 2025 are shown [4][5][7]. Demand - The demand - related data include the estimated and actual production of crude steel in China, the production and price of metal magnesium, the export volume of silicon ferroalloy, the production of stainless - steel crude steel, the procurement volume and price of silicon ferroalloy by Hebei Iron and Steel Group, and the demand for silicon manganese in China from 2021 - 2025 [4][5][8]. Inventory - The inventory data of silicon ferroalloy, including the inventory of 60 sample enterprises in China, Ningxia, Inner Mongolia, and Shaanxi, the number of warehouse receipts, effective forecasts, and the average available days of inventory in different regions from 2021 - 2025 are provided. For silicon manganese, the inventory - related data such as the number of warehouse receipts, effective forecasts, and the inventory of 63 sample enterprises in China from 2021 - 2025 are presented [6][8]. Cost and Profit - The cost - related data of ferroalloys include electricity prices in different regions, the market price of semi - carbonated manganese ore, and the price of chemical coke. The profit - related data include the production profit of silicon ferroalloy in Ningxia and Inner Mongolia, the export profit of 75% silicon ferroalloy, and the profit of silicon manganese in different regions from 2021 - 2025 [6][7][8].