经济观察网众兴菌业（002772）(002772.SZ)股价自2026年2月9日高点18.53元后持续回调，截至2月12日 收盘报16.71元，区间跌幅达9.8%。此次回调主要受以下因素影响： 资金面与技术面 股价在1月13日至2月9日期间累计上涨约26%，短期涨幅较大，部分资金选择兑现收益。2月6日虽出现 涨停(+9.99%)，但此后连续三个交易日下跌，技术指标显示KDJ的J值从94.14高位回落至37.32，MACD 红柱收缩，反映短期超买后的调整压力。 行业板块情况 公司2025年业绩预告显示净利润预计增长134%-173%，主因金针菇价格回升及成本管控。但市场可能担 忧行业产能扩张过快(如香菇产量2023年达1304万吨，供需格局仍待优化)及季节性波动风险。 本轮回调主要为技术性调整与板块情绪共振结果，公司基本面仍保持增长。需关注后续季度财报验证盈 利持续性及新业务(如虫草项目)进展。 以上内容基于公开资料整理，不构成投资建议。 2月12日农林牧渔板块下跌1.49%，种植业板块下跌1.57%，行业整体走弱对个股形成压力。此前农业板 块因政策预期升温而上涨，但近期市场对政策落地节奏及行业景气度分歧加大， ...

2026 年 1 月 26 日 硅铁：成本预期抬升，宽幅震荡 锰硅：板块情绪共振，宽幅震荡 李亚飞 投资咨询从业资格号：Z0021184 liyafei2@gtht.com 金园园（联系人） 期货从业资格号：F03134630 jinyuanyuan2@gtht.com 期货研究 【基本面跟踪】 期现价差、近远月价差和跨品种价差均取期货收盘价 资料来源：钢联、同花顺、国泰君安期货研究 【宏观及行业新闻】 1、铁合金在线：1 月 23 日硅铁 72#：陕西 5200-5300，宁夏 5300-5350（+50），青海 5250-5350 （+25），甘肃 5200-5250（-25），内蒙 5250-5300；75#硅铁：陕西 5850-5900（+25），宁夏 5750- 5800（+50），青海 5700-5750，甘肃 5700-5750（+50），内蒙 5800-5850（+50）（现金含税自然 块出厂，元/吨）；硅铁 FOB：72#1060-1080(+10)，75#1100-1140（+10）（美元/吨，含税）。硅 锰 6517#北方报价 5650-5700（-25）元/吨；南方报价 5800-58 ...

Report Title - Manganese Silicon: Sector sentiment resonance, strong sideways movement [1] Core View - The manganese silicon market shows a pattern of strong sideways movement due to sector sentiment resonance [1] Fundamental Tracking Futures Data - Silicon iron 2509 closed at 6110, up 270, with a trading volume of 726,721 and an open interest of 197,081 - Silicon iron 2510 closed at 6092, up 260, with a trading volume of 62,472 and an open interest of 40,316 - Manganese silicon 2509 closed at 6212, up 184, with a trading volume of 1,009,206 and an open interest of 347,380 - Manganese silicon 2510 closed at 6218, up 186, with a trading volume of 43,829 and an open interest of 23,948 [1] Spot Data - The price of silicon iron FeSi75 - B in Inner Mongolia was 5550 yuan/ton, up 50 - The price of silicon manganese FeMn65Si17 in Inner Mongolia was 5800 yuan/ton, up 100 - The price of manganese ore Mn44 block was 40.0 yuan/ton - degree, up 0.5 - The price of semi - coke small material in Shenmu was 550 yuan/ton [1] Price Difference Data - The spot - 09 futures price difference of silicon iron was - 560 yuan/ton, down 220 - The spot - 09 futures price difference of manganese silicon was - 412 yuan/ton, down 84 - The near - far month price difference of silicon iron 2509 - 2601 was - 106 yuan/ton, up 2 - The near - far month price difference of manganese silicon 2509 - 2601 was - 74 yuan/ton, unchanged - The cross - variety price difference of manganese silicon 2509 - silicon iron 2509 was 102 yuan/ton, down 86 - The cross - variety price difference of manganese silicon 2601 - silicon iron 2601 was 70 yuan/ton, down 84 [1] Macro and Industry News Silicon Iron Price News - On July 29, the price of 72 silicon iron in Shaanxi was 5400 - 5600 (+100), in Ningxia 5600 - 5700 (+100), in Qinghai 5500 - 5600 (+100), in Gansu 5500 - 5600 (+100), and in Inner Mongolia 5600 - 5650 (+150) - The price of 75 silicon iron in Shaanxi was 5900 - 5950, in Ningxia 5800 - 5900, in Qinghai 5800 - 5850, in Gansu 5800 - 5850, and in Inner Mongolia 5800 - 5850 - The FOB price of 72 silicon iron was 1020 - 1040, and 75 was 1090 - 1110 (US dollars/ton, tax - included) [2] Silicon Manganese Price News - The northern quotation of 6517 silicon manganese was 5850 - 5950 (+150) yuan/ton; the southern quotation was 5900 - 6000 (+100) yuan/ton [2] Production and Procurement News - In July, there were 11 silicon iron enterprises in production in Inner Mongolia, with 75 ore - heating furnaces in production. The operating rate in July was 61.48%, up 1.64% from June, and the output was expected to be 14.64 tons, up 0.37 tons from June, with a capacity utilization of 60.2% - Yunnan Qujing Chenggang set the silicon iron procurement price at 5970 yuan/ton in cash, up 400 yuan/ton from the previous round, with a quantity of 400 tons - A steel mill in Shandong set the silicon manganese standard at 5990 yuan/ton, CIF and accepted, and temporarily procured 1500 tons - Yunnan Qujing Chenggang set the silicon manganese standard at 5880 yuan/ton, CIF and cash - included, up 140 yuan/ton, with a procurement volume of 1500 tons - A group in Fujian set the silicon manganese standard at 6150 yuan/ton in Hubei, up 100, with a procurement volume of 3000 tons; and 6150 yuan/ton in Jiangsu, up 100, with a procurement volume of 1000 tons [2][3] Trend Intensity - The trend intensity of silicon iron is 0, and that of manganese silicon is 0. The trend intensity ranges from - 2 to 2, with - 2 indicating the most bearish and 2 indicating the most bullish [4]