硅锰产区出厂价 硅锰贸易商价 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） 2022 2023 2024 2025 2026 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） 2022 2023 2024 2025 2026 -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） 2022 2023 2024 2025 2026 2000 3000 4000 5000 6000 7000 8000 01/01 02/01 03/01 04/01 05/01 ...

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） 2022 2023 2024 2025 2026 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 2022 2023 2024 2025 2026 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 2022 2023 2024 2025 2026 4500 5500 6500 7500 8500 9500 01/01 02/01 03/01 04/01 05/01 06/01 07/0 ...

县域经济是国民经济的基本单元。县域一头连着城市，一头接着乡村，是城乡融合发展的关键载体 和区域经济高质量发展的重要支撑。 "十四五"以来，陕西把大力发展县域经济作为缩小城乡差距、区域差距和收入差距的战略抓手，按 照产业功能县、农产品主产县、生态功能县的定位，精准实施县域经济高质量发展若干政策措施和接续 政策"双10条"，完善"一县一策""一区一策"事项清单，统筹推进产业培育和"四个一批"项目建设。 2024年，全省县域经济总量达到1.68万亿元、县域经济均值突破200亿元，生产总值超200亿元的县 域达到27个……随着一批工业强县、农业大县、旅游名县竞相崛起，一个个特色产业成为增收致富 的"金字招牌"，陕西县域经济展现出蓬勃的生机与活力。 省委十四届九次全会提出，要加快推进新型城镇化和乡村全面振兴，推动城市内涵式发展，构建以 县城为枢纽、以小城镇为节点的县域经济体系。 展望"十五五"，陕西将坚持兴业、强县、富民一体发展，持续推进县域城镇、产业、创新等平台建 设，大力发展特色经济、联农带农经济、集体经济、民营经济，推动做强首位产业及特色产业，增强县 城综合承载能力和治理能力，激活县域经济高质量发展新动能。 因地 ...

2025年12月24日，走进位于新疆生产建设兵团第十三师新星经济技术开发区二道湖工业园区的新疆中能 绿源化工有限公司资源清洁高效综合利用一体化项目生产现场，气化炉正向净化装置输送产品，各项工 艺参数均保持平稳运行。 目前，新疆班超集团已建成一期120万吨洁净碳、二期2万吨金属镁提标改造项目，在新星经济技术开发 区形成5万吨金属镁、15万吨镁合金产能，配套120万吨洁净碳和100万吨焦炭产能，构建起完善的区域 循环经济体系。 作为师市"6+12+10"重大产业项目标杆，该项目总投资87亿元，于2024年3月开工建设，2025年10月完 成安装调试。"2025年10月31日，航天炉一次性点火成功，标志着整个装置进入试生产阶段，自投产以 来，目前运行稳定，整个装置均达到设计产能，可实现年产60万吨合成氨、100万吨尿素。"该公司生产 部部长李琦说。 重大项目的加速推进，离不开师市健全的保障体系。2025年，师市紧扣"五大行动"战略部署，将"重大 项目支撑保障行动"作为突破发展的关键抓手，建立起重大项目全周期发力、全要素保障、全流程提 速、全方位服务的保障机制，全力抓好28个"6+12+10"重大产业项目、87个政府 ...

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） 2022 2023 2024 2025 2026 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 2022 2023 2024 2025 2026 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 2022 2023 2024 2025 2026 4500 5500 6500 7500 8500 9500 01/01 02/01 03/01 04/01 05/01 06/01 07/0 ...

Report Industry Investment Rating - Not provided in the content Core Viewpoints of the Report - Not provided in the content Summary by Relevant Catalogs Price - For silicon ferroalloy, on December 31, 2025, the latest prices of Ningxia 72 and Inner Mongolia 72 were 5300 and 5320 respectively, with daily changes of 50 and weekly changes of 50. The latest prices of the main contract and 01 contract were 5750 and 5564 respectively, with daily changes of 74 and 30, and weekly changes of 102 and 46 [2]. - For silicon manganese, on the same date, the latest ex - factory price of Inner Mongolia 6517 was 5650, with a daily change of 60 and a weekly change of 80. The latest main contract price was 5942, with a daily change of 80 and a weekly change of 120 [2]. Supply - The monthly production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025 are presented, showing the overall supply trend of the silicon ferroalloy industry [5]. - The weekly production data of silicon manganese in China from 2021 - 2025 are provided, reflecting the supply situation of the silicon manganese industry [7]. Demand - The monthly estimated and actual production of crude steel in China from 2021 - 2025 are shown, which is related to the demand for ferroalloys [5][8]. - The monthly demand data of silicon manganese in China (Steel Union caliber) from 2021 - 2025 are presented, indicating the market demand for silicon manganese [5][8]. Inventory - The weekly inventory data of 60 sample silicon ferroalloy enterprises in China, Ningxia, Inner Mongolia, and Shaanxi from 2021 - 2025 are provided, along with the daily data of CZCE silicon ferroalloy warehouse receipts, effective forecasts, and the sum of them [6]. - The daily data of CZCE silicon manganese warehouse receipts, effective forecasts, and the sum of them from 2021 - 2025 are presented, as well as the weekly inventory data of 63 sample silicon manganese enterprises in China from 2021 - 2025 [8]. Cost and Profit - Cost - related factors such as electricity prices in different regions (Inner Mongolia, Qinghai, Ningxia, Shaanxi) and the market price of semi - coking coal in Shaanxi from 2021 - 2025 are shown, affecting the production cost of ferroalloys [6]. - The production profit data of silicon ferroalloy in Ningxia and Inner Mongolia, as well as the export profit data of 75 - grade silicon ferroalloy from 2021 - 2025 are presented [6]. - The profit data of silicon manganese in Inner Mongolia, Guangxi, the northern region, and the southern region from 2021 - 2025 are provided [8].

Report Information - Report Title: Ferroalloy Morning Report - Report Date: December 30, 2025 [1] Price Information Ferrosilicon - Latest prices of natural lump ferrosilicon in different regions: Ningxia 72 at 5250, Inner Mongolia 72 at 5270, Qinghai 72 at 5250, Shaanxi 72 at 5220, Shaanxi 75 at 5650 [2] - Latest prices of qualified lump ferrosilicon: Jiangsu 72 at 5700, Tianjin 72 at 5750 [2] - Export prices of ferrosilicon in Tianjin: 72 at 1020 (USD), 75 at 1070 (USD) [2] - Changes in ferrosilicon prices: Some prices have weekly changes, e.g., Ningxia 72 up 30, Inner Mongolia 72 up 20 [2] - Basis, spreads, and price differences: Such as the main - month basis at - 126, 1 - 5 month spread at - 98, etc. [2] Silicomanganese - Latest factory - ex prices in different regions: Inner Mongolia 6517 at 5590, Ningxia 6517 at 5520, Guangxi 6517 at 5700, etc. [2] - Latest trader prices: Ningxia 6517 at 5520, Jiangsu 6517 at 5750 [2] - Changes in silicomanganese prices: Some prices have weekly changes, e.g., Inner Mongolia 6517 up 40, Ningxia 6517 down 20 [2] - Basis, spreads, and price differences: Such as the main - month basis at 28, 1 - 5 month spread at - 68, etc. [2] Supply - related Information Ferrosilicon - Production volume and capacity utilization data are presented in long - term trends, including 136 - company monthly production, weekly production of 136 companies (95% capacity), and monthly capacity utilization in different regions [4] Silicomanganese - Weekly production volume data and long - term trends are shown [6] Demand - related Information Ferrosilicon - Data on export prices, import prices, and related demand - side indicators such as steel production forecasts and metal magnesium production are presented in long - term trends [3][4] Silicomanganese - Data on demand in China (in million tons) and related demand - side indicators like steel production forecasts are presented in long - term trends [4][7] Inventory - related Information Ferrosilicon - Inventory data of 60 sample enterprises in China and different regions, as well as warehouse receipt and effective forecast data, are presented in long - term trends [5] Silicomanganese - Warehouse receipt, effective forecast, and inventory data, as well as inventory average available days in China, are presented in long - term trends [7] Cost - profit - related Information Ferrosilicon - Data on electricity prices in different regions, market prices of raw materials like semi - coke, semi - coke production profit, and ferrosilicon production cost and profit in different regions are presented in long - term trends [5] Silicomanganese - Data on raw material prices such as chemical coke and manganese ore, and silicomanganese production profit in different regions are presented in long - term trends [6][7]

Report Industry Investment Rating - Not provided in the content Core Viewpoints - Not provided in the content Summary by Relevant Catalogs Price - For silicon ferroalloy, on December 29, 2025, the latest prices of Ningxia 72 and Inner Mongolia 72 were 5250 and 5270 respectively, with daily changes of 0 and weekly changes of 50 and 20. The export price of Tianjin 72 was 1020 (USD) with no daily or weekly changes [2]. - For silicon manganese, on the same day, the latest prices of Inner Mongolia 6517, Ningxia 6517, Guangxi 6517, and Guizhou 6517 were 5590, 5520, 5700, and 5650 respectively, with daily changes of 20, 0, 30, and 30, and weekly changes of 50, 20, 80, and 80 [2]. Supply - The monthly production of 136 silicon ferroalloy enterprises in China from 2021 - 2025 is presented, as well as the weekly production of 136 silicon ferroalloy enterprises (with a 95% capacity share) [5]. - The monthly production of silicon manganese in China from 2021 - 2025 is shown, along with the procurement volume and price of Hebei Iron and Steel Group for silicon manganese 6517 [7]. Demand - The monthly estimated and actual production of crude steel in China from 2021 - 2025 is provided, and the demand for silicon manganese in China (in ten thousand tons) from 2021 - 2025 is also given [5][8]. Inventory - The weekly inventory of 60 sample silicon ferroalloy enterprises in China, Ningxia, Inner Mongolia, and Shaanxi from 2021 - 2025 is presented, as well as the daily number of silicon ferroalloy warehouse receipts and effective forecasts [6]. - The daily warehouse receipts, effective forecasts, and total inventory of silicon manganese in China from 2021 - 2025 are shown, along with the inventory of 63 sample silicon manganese enterprises in China (in tons) [8]. Cost - Profit - The electricity prices in Qinghai, Ningxia, Shaanxi, and Inner Mongolia for ferroalloys from 2021 - 2025 are presented, as well as the market price of semi - coke small materials in Shaanxi and its production profit in China [6]. - The profit of silicon manganese in Inner Mongolia, Guangxi, the northern and southern regions from 2021 - 2025 is shown, along with the profit of silicon manganese converted to the main contract in Guangxi and Ningxia [8].

1. Report Industry Investment Rating No relevant information provided. 2. Core Viewpoint No relevant information provided. 3. Summary by Related Catalogs Price - The price of silicon - iron and silicon - manganese in different regions and varieties is presented, including spot prices, factory - to - futures prices, and futures prices of different contracts [2]. - The price trends of silicon - iron and silicon - manganese in different regions from 2021 to 2025 are shown through multiple price charts, such as market prices, export and import prices, basis differences, and inter - month spreads [3][6]. Supply - The supply data of silicon - iron includes the production volume of 136 Chinese silicon - iron enterprises (monthly and weekly), capacity utilization rates of enterprises in Inner Mongolia, Ningxia, and Shaanxi (monthly), and the production volume of Chinese stainless - steel crude steel (monthly) [4]. - The supply data of silicon - manganese includes the weekly production volume of Chinese silicon - manganese, procurement prices and quantities of Hebei Iron and Steel Group (monthly), and the market prices of related products like high - carbon ferromanganese and electrolytic manganese [6]. Demand - The demand - related data of silicon - iron includes the estimated and actual production volume of Chinese crude steel (monthly), the price and production volume of metal magnesium, the export volume of silicon - iron (monthly), and the procurement volume of Hebei Iron and Steel Group (monthly) [4]. - The demand - related data of silicon - manganese includes the demand volume of Chinese silicon - manganese (in ten thousand tons, Steel Union's caliber), the export volume of silicon - manganese (monthly), and the estimated production volume of Chinese crude steel (monthly) [4][7]. Inventory - The inventory data of silicon - iron includes the inventory of 60 sample enterprises in China and different regions (weekly), the number of warehouse receipts, effective forecasts, and the sum of them (daily), and the average available inventory days in different regions (monthly) [5]. - The inventory data of silicon - manganese includes the inventory of 63 sample enterprises in China (weekly, in tons), the number of warehouse receipts, effective forecasts, and the sum of them (daily), and the average available inventory days in China (monthly) [7]. Cost and Profit - For silicon - iron, the cost - related factors include electricity prices in different regions, the market price of semi - coke, the production cost in Ningxia and Inner Mongolia, and the profit includes the profit of 75 - grade silicon - iron exports, the profit of Ningxia silicon - iron in the spot and futures markets [5]. - For silicon - manganese, the cost - related factors include the prices of chemical coke and various manganese ores, and the profit includes the profit in Inner Mongolia, Guangxi, and different regions, and the profit of Guangxi and Ningxia silicon - manganese in the futures market [6][7].

1. Report Industry Investment Rating - No information provided in the content 2. Core Viewpoints - No information provided in the content 3. Summary by Relevant Catalogs Price - **Silicon Iron**: On December 24, 2025, the latest price of Ningxia 72 silicon iron was 5250, with a daily change of 30 and a weekly change of 100; Inner Mongolia 72 was 5270, with a daily change of 20 and a weekly change of 70; Qinghai 72 was 5200, unchanged daily and with a weekly increase of 50; Shaanxi 72 was 5220, with a daily change of 20 and a weekly change of 120; Shaanxi 75 was 5650, unchanged daily and with a weekly increase of 50. The export price of Tianjin 72 was 1020, and Tianjin 75 was 1070, both unchanged [2] - **Silicon Manganese**: On December 24, 2025, the latest price of Inner Mongolia 6517 silicon manganese was 5570, with a daily change of 20 and a weekly change of 30; Ningxia 6517 was 5540, unchanged daily and with a weekly increase of 50; Guangxi 6517 was 5670, with a daily change of 20 and a weekly change of 70; Guizhou 6517 was 5620, with a daily change of 20 and a weekly change of 70; Yunnan 6517 was 5620, with a daily change of 20 and a weekly change of 70; Guangxi 6014 was 5050, unchanged daily and with a weekly increase of 50 [2] Supply - **Silicon Iron**: The production data of 136 silicon - iron enterprises in China from 2021 - 2025 are presented, including monthly and weekly production, and the capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi [5] - **Silicon Manganese**: The weekly production of silicon manganese in China from 2021 - 2025 is shown, along with the procurement price and quantity of Hebei Iron and Steel Group [7] Demand - **Silicon Iron**: The demand - related data include the estimated and actual production of crude steel in China, the production of stainless - steel crude steel, the procurement volume and price of Hebei Iron and Steel Group, and the export volume of silicon iron [5] - **Silicon Manganese**: The demand - related data include the estimated production of crude steel in China, the demand in China, and the export volume [8] Inventory - **Silicon Iron**: It shows the inventory data of 60 sample enterprises in China, Ningxia, Inner Mongolia, and Shaanxi, as well as the warehouse receipt quantity, effective forecast, and inventory average available days in different regions [6] - **Silicon Manganese**: It presents the warehouse receipt quantity, effective forecast, total inventory, inventory average available days in China, and the inventory of 63 sample enterprises [8] Cost and Profit - **Silicon Iron**: The cost - related data involve electricity prices in different regions, the market price of semi - coke, and the production cost in Ningxia and Inner Mongolia. The profit data include the profit of 75 - grade silicon - iron export, the profit of Ningxia silicon - iron converted to the main contract, and the spot profit [6] - **Silicon Manganese**: The profit data include the profit in Inner Mongolia, Guangxi, the northern and southern regions, and the profit of Guangxi silicon - manganese converted to the main contract [8]