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Finance and economics 15. SM2409, the main contract of manganese silicon, fell 7%.Multihandvideopokergames.10%MultihandvideopokergamesIt closed at 8216 yuan per ton, while ferrosilicon SF2309 rose slightly by 0.53% to 7190 yuan. Market volatility is affected by factors such as GEMCO port photos and South32 mail. Short-term manganese ore supply is tight, price support is strong; manganese silicon industry enthusiasm to start up, the spot market storage price delivery risk. Ferrosilicon costs related to the loose supply of thermal coal, spot upward momentum is insufficient. Investors should be cautious to participate in the manganese silicon market and pay attention to the positive opportunities of manganese silicon 9-1.

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[15 manganese silicon main contract (SM2409) price fell 7.10% to 8216 yuan / ton, ferrosilicon (SF2309) price slightly increased 0.53% to 7190 yuan] market observation shows that today's alloy market fund game intensified, leading to price fluctuations. The price of manganese silicon contract (SM2409) fell sharply by 456 yuan, or 7.10%, to 8216 yuan / ton. Meanwhile, the price of ferrosilicon contract (SF2309) rose slightly by 38 yuan, or 0.53%, to 7190 yuan. [market chaos, capital game intensified] Today, the market performance is slightly chaotic, mainly affected by capital movements. Manganese silicon contract prices fell sharply, intraday close to the limit. There are rumors in the market that small boats are docking at the port of GEMCO, and the news about container transport plans in South32 emails also has an impact on prices. [manganese ore supply gap supporting price] although the market is chaotic, the manganese ore supply gap forms a strong support to the price. The spot manganese ore in Tianjin Port was mainly traded at low prices, and the daily price decreased for the first time. India's high prices and rising sea freight have jointly pushed up manganese ore prices, which are expected to remain easy to rise and difficult to fall in the short term. [increased enthusiasm for industrial start-up] the enthusiasm for starting the manganese-silicon industry has increased, with an increase of 8 furnaces in the past week. After the continuous decline in the market price, the basis returns rapidly, which is expected to drive the cash merchants in the industry to choose to close their positions and sell goods, and there may be a phenomenon of concentrated price reduction in the spot market. [demand side remains strong] despite price fluctuations, the demand side is not weak. SMM statistics show that hot metal production will continue to increase this week and next week, and there will be a new round of state reserves at the end of the month. However, the steel mills are not willing to purchase high-priced manganese silicon and are expected to maintain low inventory operation. [medium-term supply gap] in the medium term, the manganese ore supply gap has become a fait accompli. However, there is a certain risk of correction due to the increased willingness to sell goods in the short-term market. Overseas news is complex and difficult to confirm in time, so investors are advised to participate cautiously in the manganese silicon market. [ferrosilicon rising momentum is insufficient] the price rise of ferrosilicon is mainly driven by manganese silicon, but the supply and demand of thermal coal related to cost tends to be loose. Shanxi held a meeting to ensure stable production and supply, and a strong drive to increase production. Nearly a week to open 8 stoves, warehouse receipts in June centralized cancellation, Ningxia electricity price reduction of 2 cents on the ground, prices continue to rise lack of momentum, you can consider every Gao Bu empty. [focus on manganese silicon 9-1 positive sleeve] under the expectation that the manganese ore is nearly tight and far loose, the disk price difference is relatively undervalued, so investors can pay attention to the manganese silicon 9-1 positive sleeve opportunity.