harrah'sfreeonlinevideopoker| Yangtze River Nonferrous Metals: News of terminal repair fermentation, manganese and silicon fell sharply on the 15th

Changjiang Ferroalloy Network News (ccmnHarrah'sfreeonlinevideopoker.cn / tiehejin)Harrah'sfreeonlinevideopokerAccording to Changjiang Nonferrous net, the quoted price of FeMn60Si28 is 10650-10850 yuan / ton on May 15, which is no change compared with the previous working day; the quoted price of Si-mn alloy (FeMn60Si17) is 8250-8450 yuan / ton, which is unchanged compared with the previous working day; and the quoted price of Si-mn alloy (FeMn60Si14) is 7650-7850 yuan / ton, which is unchanged from the previous working day. On the news side, on May 14, according to foreign media news, new changes have taken place at Gemco wharf in Australia. Judging from the on-the-spot photos, excavators are sporadically transported on the wharf and picked up by small boats. Although the current transport efficiency is extremely low, bringing only a slight increase in supply, it still expresses the hope that there will be alternative transportation in the future, making some market funds afraid of high withdrawal. On the cost side, Gabon and Ghana have incremental expectations, while South Africa has small incremental expectations, with port inventories of 5.24 million tons as of May 10, with a five-year low of close to 3.8 million tons. On the demand side, the demand for high-priced mines downstream is limited at present. Although some enterprise inventories have fallen to low levels, they are still worried that mine-end prices may fall at a high level, but with the continuous sharp fall in the market, downstream quotations begin to be active gradually, and intraday trading volume rebounded slightly. In May, the steel recruitment continued, the 7500 tons of silicon manganese purchased by Nanjing Iron and Steel Co., Ltd. was priced at 8200 yuan per ton acceptance, including tax to the factory discount base, and the steel recruitment price was much lower than expected.

Operational suggestions: futures, pay attention to the manganese silicon 2409 contract 8600-8750 near the pre-pressure range, the short-term market continues to break down, the day fell below 10 are supported, the daily position of 611551 hands, compared with yesterday again reduced 96313 hands, multi-party profit-taking out. At present, the market has entered a short-term adjustment stage, fluctuating greatly, and the short-term price is waiting to stabilize in the market. At present, the short-term price is near the 8200 gate, and the current mainstream steel price is about 8200 yuan, so there may be shock adjustment after a continuous sharp fall. Pay attention to the support intensity near the support near the 8100-8250 gate, waiting for the end of the adjustment in the medium-term re-layout of more than a single, manganese ore prices strongly support the medium-term rising logic.

On the spot side, we will pay attention to whether the risk control policy of the follow-up exchange will continue to be introduced, as well as whether the steel price will fall, the progress of the repair of the Australian Mine accident terminal, the shipping situation in other overseas areas, and so on.

Changjiang Nonferrous Metals net cjys.cn Tel: 0592-5668838