Cost Support Weakens, Market Fluctuates Downward [SMM SiMn Alloy Daily Review]

게시됨: Feb 26, 2025 16:09
[SMM SiMn Alloy Daily Review: Weak Cost Support, Market Fluctuates Downward] In north China, SiMn alloy 65/17 (cash) was priced at 6,100-6,300 yuan/mt, down 75 yuan/mt MoM; in south China, SiMn alloy 65/17 (cash) was priced at 6,200-6,400 yuan/mt, also down 75 yuan/mt MoM. According to SMM, on the raw material side, port manganese ore destocking progressed slowly, and alloy plants showed weak enthusiasm for manganese ore procurement, with spot manganese ore prices fluctuating downward. Supply side, manganese ore prices fluctuated downward, leading to weak cost support for SiMn alloy. Currently, most SiMn alloy plants are fulfilling orders, while retail transactions remain sluggish. Demand side, downstream steel mills show weak demand for SiMn alloy, with cautious procurement and a wait-and-see attitude prevailing among all parties.

February 26 News: In the northern market, SiMn alloy 65/17 (cash) was priced at 6,100-6,300 yuan/mt, down 75 yuan/mt MoM; in the southern market, SiMn alloy 65/17 (cash) was priced at 6,200-6,400 yuan/mt, also down 75 yuan/mt MoM. According to SMM, on the raw material side, port manganese ore destocking was slow, and alloy plants showed weak enthusiasm for manganese ore procurement, with spot manganese ore prices fluctuating downward. Supply side, manganese ore prices fluctuated downward, providing weak cost support for SiMn alloy. Currently, most SiMn alloy plants are fulfilling orders, while retail transactions remain sluggish. Demand side, downstream steel mills are showing weak demand for SiMn alloy, with cautious procurement and a wait-and-see attitude prevailing among all parties.

》Subscribe to view SMM historical spot metal prices

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn
Cost Support Weakens, Market Fluctuates Downward [SMM SiMn Alloy Daily Review] - Shanghai Metals Market (SMM)