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Home / Metal News / The Most-Traded Silico-Manganese Contract Moved in a Downward Trend, the Spot market Less Willing to Quote

The Most-Traded Silico-Manganese Contract Moved in a Downward Trend, the Spot market Less Willing to Quote

May 12, 2022 18:03

Source:SMM

The SM2209 contract opened at 8,202 yuan/mt and ended at 8,054 yuan/mt.

SHANGHAI, May 12 (SMM) - The SM2209 contract opened at 8,202 yuan/mt and ended at 8,054 yuan/mt. The daily prices ranged between 8,028-8,250 yuan/mt with average 8,111 yuan/mt.The transaction volume stood at 113,601 lots. After the short entered, the transaction volume increased by 12,758 lots to 183,046 lots. In the spot market, the quotations for silicon-manganese was low with downward movement of the transaction price which was traded on pricing with small transactions.

Spot

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The Most-Traded Silico-Manganese Contract Moved in a Downward Trend, the Spot market Less Willing to Quote

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