硅铁：多空市场博弈，宽幅震荡，锰硅：多空市场博弈，宽幅震荡

Report Industry Investment Rating - Not provided in the given content Core View - The manganese silicon market is in a long - short market game with wide - range fluctuations [1] Summary by Related Catalogs Fundamental Tracking - Futures Data: For silicon iron, the closing price of SiFe2605 is 5982, down 106 from the previous trading day, with a trading volume of 181,701 and an open interest of 171,684; SiFe2607 has a closing price of 6124, down 84, trading volume of 105,111 and open interest of 132,640. For manganese silicon, MnSi2605 has a closing price of 6434, down 58, trading volume of 374,063 and open interest of 380,552; MnSi2607 has a closing price of 6472, down 56, trading volume of 75,022 and open interest of 124,885 [1] - Spot Data: The price of silicon iron FeSi75 - B in Inner Mongolia is 5650 yuan/ton, up 20; the price of silicon manganese FeMn65Si17 in Inner Mongolia is 6230 yuan/ton, up 80; the price of manganese ore Mn44 block is 48 yuan/ton degree; the price of semi - coke small material in Shenmu is 765 yuan/ton, up 70 [1] - Spread Data: The spot - futures spread of silicon iron (spot - 05 futures) is - 332 yuan/ton, up 126; for manganese silicon, it is - 204 yuan/ton, up 138. The near - far month spread of silicon iron (SiFe2605 - 2607) is - 142 yuan/ton, down 22; for manganese silicon (MnSi2605 - 2607) it is - 38 yuan/ton, down 2. The cross - variety spread of MnSi2605 - SiFe2605 is 452 yuan/ton, up 48; MnSi2607 - SiFe2607 is 348 yuan/ton, up 28 [1] Macro and Industry News - Price Information: On March 26, the price of 72 silicon iron in Shaanxi is 5600 - 5700, in Ningxia 5650 - 5750, in Qinghai 5600 - 5700, in Gansu 5600 - 5700, in Inner Mongolia 5650 - 5750 (+25); 75 silicon iron in Shaanxi is 6100, in Ningxia 6000 - 6050, in Qinghai 5900 - 6000, in Gansu 5950 - 6000, in Inner Mongolia 6000 - 6050. The FOB price of 72 silicon iron is 1150 - 1170(+10), 75 is 1170 - 1190(+10) (USD/ton, tax - included). The price of 6517 silicon manganese in the north is 6150 - 6200 yuan/ton, in the south is 6200 - 6400 yuan/ton [1] - Quotation Information: United Mining (CML) announced the May 2026 quotation to China, with Mn>46% Fe<4% SiO2<18% Australian block at 6 USD/ton degree, up 0.4 USD/ton degree from last month [3] - Production Information: Ningxia Shengyuan Metal Materials Co., Ltd. powered on one 33000kva silicon iron furnace and produced iron. Gansu Xinyutong restarted two 33000kva silicon iron furnaces and produced iron [3] - Procurement Information: A large steel group in Hebei released a new round of silicon manganese procurement tender in March, with a procurement volume of 5100 tons. Rizhao Company of a steel mill in Shandong finalized the silicon iron procurement price at 6080 yuan/ton in cash, up 380 yuan/ton from the previous round, with a volume of 300 tons [3] Trend Intensity - The trend intensity of silicon iron is 0, and that of manganese silicon is 0 [3]