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Home / Metal News / The futures market experienced sideways movement, and the market was in the doldrums. [SMM Manganese Silicon Futures Review]
The futures market experienced sideways movement, and the market was in the doldrums. [SMM Manganese Silicon Futures Review]
Apr 23, 2025 17:45Source:SMM
【SMM SiMn Futures Review: Futures Market in Sideways Movement, Market in the Doldrums】The SM2509 contract opened at 5,830 yuan/mt, fluctuated rangebound in the morning session, and finally closed at 5,892 yuan/mt, up 0.82%. The daily high was 5,918 yuan/mt, and the low was 5,822 yuan/mt. The trading volume was 215,414, and the open interest was 347,549. The manganese ore market continued to be in the doldrums, with ore prices under pressure. Cost support weakened, and there were no favorable factors supporting SiMn, so the SiMn market also remained in the doldrums.
April 23 (SMM) - The SM2509 contract opened at 5,830 yuan/mt, fluctuated rangebound in the morning session, and finally closed at 5,892 yuan/mt, up 0.82%. The daily high was 5,918 yuan/mt, and the low was 5,822 yuan/mt. The trading volume was 215,414 lots, and the open interest was 347,549. The manganese ore market continued to be in the doldrums, with ore prices under pressure. Cost support weakened, and there were no favorable factors supporting SiMn, so the SiMn market also remained in the doldrums.
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