供应 需求 800 1300 1800 2300 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 硅铁：72%FeSi：出口价格：天津港 （美元/吨） 2021 2022 2023 2024 2025 800 1300 1800 2300 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 硅铁：75%FeSi：出口价格：天津港 （美元/吨） 2021 2022 2023 2024 2025 -2500 -1500 -500 500 1500 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 硅铁-硅锰主力合约价差（元/吨） 2021 2022 2023 2024 2025 2000 3000 4000 5000 6000 7000 8000 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/ ...

4500 5500 6500 7500 8500 9500 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 72%FeSi：市场价：内蒙古（日） 2021 2022 2023 2024 2025 4000 5000 6000 7000 8000 9000 10000 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 72%FeSi：市场价：青海 2021 2022 2023 2024 2025 4000 5000 6000 7000 8000 9000 10000 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 72%FeSi：市场价：宁夏 2021 2022 2023 2024 2025 4500 5500 6500 7500 8500 9500 01/01 02/01 03/01 04/01 05/01 06/01 07/0 ...

1. Report Industry Investment Rating - There is no information about the industry investment rating in the provided content. 2. Core Viewpoints - There are no explicit core viewpoints presented in the given content. The report mainly offers a comprehensive set of data on the ferroalloy market, including prices, supply, demand, inventory, and cost - profit aspects. 3. Summary by Related Catalogs Price - **Silicon Iron**: On August 18, 2025, the latest price of Ningxia 72 silicon iron natural block was 5450 yuan, with a daily change of - 50 yuan and a weekly change of 50 yuan; the price of Inner Mongolia 72 was 5450 yuan, with no daily or weekly change; the price of Shaanxi 75 was 5800 yuan, with no change. The export price of Tianjin 72 was 1025 US dollars, and that of Tianjin 75 was 1075 US dollars, both with no change [2]. - **Silicon Manganese**: The latest price of Inner Mongolia 6517 silicon manganese was 5800 yuan, with no change; Ningxia 6517 was 5800 yuan, with a daily change of - 70 yuan; Guangxi 6517 was 5900 yuan, with a weekly change of 30 yuan [2]. Supply - **Silicon Iron**: The report shows historical data on the production of 136 silicon - iron enterprises in China (monthly and weekly), and the capacity utilization rate of these enterprises in Inner Mongolia, Ningxia, and Shaanxi (monthly) from 2021 - 2025 [4]. - **Silicon Manganese**: It provides historical data on the production of silicon manganese in China (weekly) from 2021 - 2025, as well as the procurement price and quantity of Hebei Iron and Steel Group (monthly) [6]. Demand - **Silicon Iron**: Related demand data includes the production forecast of Chinese crude steel (monthly), the production of Chinese stainless - steel crude steel (monthly), and the procurement volume of Hebei Iron and Steel Group (monthly) from 2021 - 2025 [4]. - **Silicon Manganese**: The report presents the demand volume of silicon manganese in China (in ten thousand tons, according to the Steel Union's data) from 2021 - 2025 [7]. Inventory - **Silicon Iron**: It contains historical data on the inventory of 60 sample enterprises in China (weekly), the inventory in Ningxia, Inner Mongolia, and Shaanxi (weekly), and the inventory in different regions (monthly) from 2021 - 2025 [5]. - **Silicon Manganese**: The report shows historical data on the total number of warehouse receipts, effective forecasts, and the sum of warehouse receipts and effective inventory (daily), as well as the inventory of 63 sample enterprises in China (weekly, in tons) from 2021 - 2025 [7]. Cost - Profit - **Silicon Iron**: Data includes electricity prices in different regions (daily), the market price of blue charcoal (daily), the production profit of blue charcoal (daily), and the production cost and profit of silicon iron in Inner Mongolia and Ningxia from 2021 - 2025 [5]. - **Silicon Manganese**: It provides the profit of silicon manganese in Inner Mongolia, Guangxi, the northern and southern regions (in yuan per ton, according to the Steel Union's data), and the profit of Guangxi and Ningxia silicon manganese converted to the main contract from 2021 - 2025 [7].

4500 5500 6500 7500 8500 9500 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 72%FeSi：市场价：内蒙古（日） 2021 2022 2023 2024 2025 4000 5000 6000 7000 8000 9000 10000 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 72%FeSi：市场价：青海 2021 2022 2023 2024 2025 4000 5000 6000 7000 8000 9000 10000 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 72%FeSi：市场价：宁夏 2021 2022 2023 2024 2025 4500 5500 6500 7500 8500 9500 01/01 02/01 03/01 04/01 05/01 06/01 07/0 ...

仓单 最新 日变化 周变化 出厂价折盘面 日变化 周变化 宁夏#72 5500 100 -200 5800 主力合约 5908 192 -100 内蒙#72 5500 100 -150 5850 01合约 6068 212 -72 青海#72 5450 50 -250 5780 05合约 6134 190 -26 陕西#72 5450 100 -200 5750 09合约 5908 192 -100 陕西#75 5850 0 -150 主力月基差 -108 -92 -100 现货 盘面 最新 硅铁自然块 产区汇总价 品种 项目 铁合金早报 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 供应 需求 800 1300 1800 2300 01/01 02/01 03/01 04/01 05/01 06/01 07/01 08/01 09/01 10/01 11/01 12/01 硅铁：72%FeSi：出口价格：天津港 （美元/吨） 2021 2022 2023 2024 2025 800 1300 1800 2 ...

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary by Relevant Catalogs Price - **Silicon Iron**: On July 17, 2025, the latest price of Ningxia 72 silicon iron natural block was 5200, with no daily change and a weekly increase of 150; the latest price of Inner Mongolia 72 was 5250, with no daily change and a weekly increase of 100; the latest price of Shaanxi 75 was 5650, with a daily increase of 50 and a weekly increase of 50. The export price of Tianjin 72 was 1005 US dollars, with no daily change and a weekly decrease of 5 [2]. - **Silicon Manganese**: On July 17, 2025, the latest price of Inner Mongolia 6517 silicon manganese was 5600, with no daily change and a weekly increase of 100; the latest price of Guangxi 6517 was 5650, with no daily change and a weekly increase of 80 [2]. Supply - **Silicon Iron**: The monthly output data of 136 silicon iron enterprises in China from 2021 - 2025 is presented, and the weekly output data of 136 silicon iron enterprises in China (with a production capacity accounting for 95%) is also shown. The monthly capacity utilization rate data of 136 silicon iron production enterprises in Inner Mongolia, Ningxia, and Shaanxi from 2021 - 2025 is provided [4]. - **Silicon Manganese**: The weekly output data of silicon manganese in China from 2021 - 2025 is presented, and the monthly procurement price and quantity data of Hebei Iron and Steel Group for silicon manganese 6517 from 2021 - 2025 are also shown [6]. Demand - **Silicon Iron**: The monthly production forecast data of crude steel in China from 2021 - 2025, the daily price data of metal magnesium in Fugu, the export price data of metal magnesium in Tianjin Port, the monthly production data of stainless - steel crude steel in China, and the monthly procurement volume and price data of Hebei Iron and Steel Group for FeSi75 - B silicon iron from 2021 - 2025 are presented [4]. - **Silicon Manganese**: The monthly demand data of silicon manganese in China (according to Steel Union's caliber) from 2021 - 2025, the monthly production forecast data of crude steel in China, and the monthly export volume data of silicon manganese in China from 2021 - 2025 are presented [4][7]. Inventory - **Silicon Iron**: The weekly inventory data of 60 sample enterprises of silicon iron in China, Ningxia, Inner Mongolia, and Shaanxi from 2021 - 2025, the daily total number of silicon iron warehouse receipts on CZCE, the daily effective forecast data of silicon iron, and the daily inventory average available days data of silicon iron in East China, South China, North China, and China from 2021 - 2025 are presented [5]. - **Silicon Manganese**: The daily total number of silicon manganese warehouse receipts on CZCE, the daily total effective forecast data of silicon manganese, the daily warehouse receipt + effective inventory data of silicon manganese, the daily single - side trading position data of silicon manganese on CZCE, the weekly inventory data of 63 sample enterprises of silicon manganese in China from 2021 - 2025, and the monthly inventory average available days data of silicon manganese in China from 2021 - 2025 are presented [7]. Cost and Profit - **Silicon Iron**: The daily electricity price data of ferroalloys in Qinghai, Ningxia, Shaanxi, and Inner Mongolia from 2021 - 2025, the daily market mainstream price data of small - sized semi - coke in Shaanxi, the weekly start - up rate data of semi - coke in China, the daily production profit data of semi - coke in China, the daily market price data of 98% silica in Northwest China, the daily market price data of 70% iron oxide scale in Shijiazhuang, the production cost data of silicon iron in Ningxia and Inner Mongolia from 2021 - 2025, and the profit data of silicon iron in Ningxia and Inner Mongolia converted to the main contract and spot from 2021 - 2025 are presented [5]. - **Silicon Manganese**: The profit data of silicon manganese in Inner Mongolia, Guangxi, North China, and South China (according to Steel Union's caliber) from 2021 - 2025, the profit data of silicon manganese in Guangxi and Ningxia converted to the main contract from 2021 - 2025 are presented [7].

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary by Related Catalogs Price - For silicon ferroalloy, the latest prices, daily and weekly changes of different grades in various regions (such as Ningxia 72, Inner Mongolia 72) are presented, along with the prices of different contracts (like the main contract, 01 contract) and related price differences (e.g., main month basis, 1 - 5 month spread) [1]. - For silicon manganese, the latest prices, daily and weekly changes of different grades in various regions (such as Inner Mongolia 6517, Ningxia 6517) are shown, as well as the prices of different contracts and related price differences [1]. Supply - The monthly and weekly production data of 136 silicon ferroalloy enterprises in China, and the monthly capacity utilization rates of these enterprises in Inner Mongolia, Ningxia, and Shaanxi are provided [4]. - The weekly production data of silicon manganese in China is presented [6]. Demand - The demand data of silicon manganese in China (in ten thousand tons, according to the Steel Union's caliber), and the monthly production forecast and statistical data of crude steel in China are provided [4][7]. - The procurement prices and quantities of silicon ferroalloy and silicon manganese by Hebei Iron and Steel Group are given [4][6]. Inventory - The weekly inventory data of 60 sample silicon ferroalloy enterprises in China, Ningxia, Inner Mongolia, and Shaanxi, as well as the daily data of CZCE silicon ferroalloy warehouse receipts, effective forecasts, and their sum are presented [5]. - The daily data of CZCE silicon manganese warehouse receipts, effective forecasts, and their sum, and the weekly inventory data of 63 sample silicon manganese enterprises in China are provided [7]. Cost - Profit - The electricity prices in regions such as Inner Mongolia, Qinghai, Ningxia, and Shaanxi, and the market prices of raw materials like blue carbon, silica dioxide, and oxidized iron scale are presented [5]. - The production costs, spot profits, and profits after converting to the main contract in Ningxia and Inner Mongolia for silicon ferroalloy are given [5]. - The profits of silicon manganese in Inner Mongolia, Guangxi, the northern region, and the southern region (according to the Steel Union's caliber), and the profits after converting to the main contract in Guangxi and Ningxia for silicon manganese are provided [7].

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoint - No clear core viewpoint presented in the given reports 3. Summary by Related Catalogs Price - **Silicon Iron**: The latest prices of 72 silicon iron in different regions are as follows: 5130 in Ningxia, 5150 in Inner Mongolia and Qinghai, and 5100 in Shaanxi. The latest prices of 75 silicon iron are 5600 in Shaanxi. The prices of silicon iron in different regions and contracts show different daily and weekly changes [1][3]. - **Silicon Manganese**: The latest prices of 6517 silicon manganese in different regions are: 5550 in Inner Mongolia, 5510 in Ningxia, 5500 in Guangxi, 5450 in Guizhou and Yunnan. The prices also have different daily and weekly changes [1]. Supply - **Silicon Iron**: The production data of 136 silicon iron enterprises in China from 2021 - 2025 are presented, including monthly production, weekly production (with a capacity - share of 95%), and monthly capacity utilization in Inner Mongolia, Ningxia, and Shaanxi [4]. - **Silicon Manganese**: The weekly production data of silicon manganese in China from 2021 - 2025 are provided, along with the procurement price and quantity of 6517 silicon manganese by Hebei Iron and Steel Group on a monthly basis [6]. Demand - **Silicon Iron**: The demand - related data involve the estimated monthly production of crude steel in China, the production of stainless - steel crude steel in China, the procurement volume of FeSi75 - B by Hebei Iron and Steel Group, and the export quantity of silicon iron in China from 2021 - 2025 [4]. - **Silicon Manganese**: The demand - related data include the estimated demand for silicon manganese in China (Steel Union's caliber) and the export quantity of silicon manganese in China from 2021 - 2025 [4][7]. Inventory - **Silicon Iron**: The inventory data of 60 sample enterprises in China for silicon iron from 2021 - 2025 are shown, including weekly inventory in different regions (Ningxia, Inner Mongolia, Shaanxi), daily CZCE silicon iron warehouse receipts, effective forecasts, and the average available days of inventory in different regions (East China, South China, North China) [5]. - **Silicon Manganese**: The inventory - related data include daily CZCE silicon manganese warehouse receipts, effective forecasts, warehouse receipts + effective inventory, and the average available days of inventory in China, as well as the weekly inventory of 63 sample enterprises in China from 2021 - 2025 [7]. Cost and Profit - **Silicon Iron**: The cost - profit data involve the electricity prices in different regions (Inner Mongolia, Qinghai, Ningxia, Shaanxi), the market price of semi - coke small materials in Shaanxi, the production cost and profit of silicon iron in Ningxia and Inner Mongolia from 2021 - 2025 [5]. - **Silicon Manganese**: The profit data of silicon manganese in different regions (Inner Mongolia, Guangxi, North China, South China) from 2021 - 2025 are provided, along with the profit of Guangxi silicon manganese converted to the main contract and the profit of Ningxia silicon manganese converted to the disk [7].

1. Report Industry Investment Rating - No relevant content provided. 2. Core Viewpoint of the Report - No clear core viewpoint is presented in the provided content. It mainly contains price, supply, demand, inventory, and cost - profit data of ferroalloys such as ferrosilicon and ferromanganese. 3. Summary According to Related Catalogs Price - For ferrosilicon on June 26, 2025, the spot price of Ningxia 72 was 5100 yuan, unchanged daily and up 50 yuan weekly; the main contract price was 5374 yuan, up 86 yuan daily and 84 yuan weekly. The export price of Tianjin 72 was 1020 US dollars, unchanged daily and down 35 US dollars weekly [2]. - For ferromanganese on June 26, 2025, the ex - factory price of Inner Mongolia 6517 was 5500 yuan, unchanged daily and up 20 yuan weekly; the main contract price was 5654 yuan, up 98 yuan daily and 98 yuan weekly [2]. Supply - Data on the production volume, capacity utilization rate, and start - up rate of 136 ferrosilicon production enterprises in China from 2021 - 2025 are provided, including monthly production volume, weekly production volume (with a capacity share of 95%), and monthly capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi [4]. - Data on the production volume and start - up rate of ferromanganese in China from 2021 - 2025 are presented, such as weekly production volume and the start - up rate of ferromanganese enterprises [6]. Demand - Data on the demand for ferrosilicon and ferromanganese in China from 2021 - 2025 are provided, including the estimated production volume of crude steel in China, the demand for ferromanganese in China (according to the Steel Union's caliber), and the procurement volume and price of ferrosilicon and ferromanganese by Hebei Iron and Steel Group [4][6][7]. Inventory - Data on the inventory of 60 sample ferrosilicon enterprises in China from 2021 - 2025 are provided, including weekly inventory in China and in regions such as Ningxia, Inner Mongolia, and Shaanxi, as well as the number of warehouse receipts, effective forecasts, and the sum of warehouse receipts and effective forecasts [5]. - Data on the inventory of 63 sample ferromanganese enterprises in China from 2021 - 2025 are presented, including weekly inventory in China, the number of warehouse receipts, effective forecasts, and the sum of warehouse receipts and effective forecasts [7]. Cost - Profit - Data on the cost and profit of ferrosilicon and ferromanganese from 2021 - 2025 are provided, including electricity prices in regions such as Inner Mongolia, Qinghai, Ningxia, and Shaanxi, the market price of semi - coke, the production cost and profit of ferrosilicon in Inner Mongolia and Ningxia, and the profit of ferromanganese in regions such as Inner Mongolia, Guangxi, the northern and southern regions [5][7].

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary by Related Catalogs Price - The report provides price data for various silicon and manganese alloys, including different grades and regions. For example, the latest price of Ningxia 72 silicon iron is 5200, with a daily change of -50 and a weekly change of -150 [1]. - It also shows price differences between different contracts (e.g., 1 - 5, 5 - 9, 9 - 1) and basis differences for silicon iron and silicon manganese [1][3]. Supply - Data on the production of silicon iron and silicon manganese is presented, such as the monthly and weekly production of 136 silicon iron enterprises in China and the production of silicon manganese in China [4][6]. - The capacity utilization rates of silicon iron production enterprises in Inner Mongolia, Ningxia, and Shaanxi are also included [4]. Demand - Information about the demand for silicon iron and silicon manganese is provided, including the estimated demand for silicon manganese in China and the procurement volume and price of silicon iron and silicon manganese by Hebei Iron and Steel Group [4][6][7]. - The production of related downstream products like crude steel, stainless - steel crude steel, and metal magnesium is also shown, which can reflect the demand for these alloys [4]. Inventory - Inventory data for silicon iron and silicon manganese are given, including the inventory of 60 sample enterprises of silicon iron in different regions and the inventory - related data of silicon manganese (e.g., warehouse receipts, effective forecasts) [5][7]. Cost and Profit - The report includes cost - related data such as electricity prices for iron alloys in different regions and the market price of raw materials like blue charcoal and manganese ore [5][6]. - Profit data for silicon iron and silicon manganese are also presented, such as the production profit of blue charcoal, the profit of silicon iron in Ningxia and Inner Mongolia, and the profit of silicon manganese in different regions [5][7].