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Newsletter text
Manganese and silicon futures prices are rising. Short-term gains are expected to continue [April 29stakevideopoker, the main contract of manganese and silicon futures opened higher and went higher in early trading, with an increase of more than 5%. The SDIC Anxin Futures research report shows that stimulated by news of manganese ore supply, manganese and silicon prices continue to rise, and the rise is expected to continue.] As the Labor Day holiday approaches, market volatility may increase. Weekly output of silicon and manganese showed an upward trend, while hot metal output also increased slightly, but the market inventory of silicon and manganese is still accumulating. The prices of chemical coke and coke have risen simultaneously; affected by the short-term inability of South32 to resume exports, the spot price of manganese ore in the port has been high, and the price has been closed and not guaranteed, resulting in a further increase in the cost of silicon and manganese. In the short term, the market price of silicon-manganese is expected to rise. The market recommends buying manganese ore call options through over-the-counter options operations in the short term, and does not recommend selling hedging operations on the silicon-manganese plate.
