






March 18 News: The SM2505 contract opened at 6,242 yuan/mt, fluctuated downward after the morning session, and finally closed at 6,178 yuan/mt, a decrease of 0.71%. The daily high was 6,242 yuan/mt, and the low was 6,170 yuan/mt. Trading volume was 213,854 lots, and open interest was 436,417. Raw material side, the manganese ore market showed relatively small fluctuations and is currently running steadily. Spot side, SiMn alloy producers showed weak willingness to actively quote. Due to production pressure, factories exhibited weak willingness to sell at low prices. Downstream, steel mills showed weak demand for SiMn alloy, and overall purchase sentiment was subdued.
》Subscribe to view SMM historical spot metal prices
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn