Silicon manganese upstream and downstream game, the "fierce" market may be difficult to present!

Gold ten futures June 17th news, from the end of April to the present, the silicon manganese market has fluctuated significantly. First of all, due to the short-term gap in raw material manganese ore, the silicon manganese period and the current market have pulled up. Later, with the impact of futures policy, the silicon manganese market fell, and futures fell by the limit. Outlook concerns: < br > 1. Element25 plans to restart its Butcherbird manganese mine, which is 100% owned in Western Australia, including the sale of inventory manganese ore. However, from the quarterly report of the manganese mine, this mine has a low taste and very little existing inventory. And the re-operation time of the mine is expected to be about 11 months after obtaining project financing, when E25 plans to increase the annual output of manganese oxide concentrate to 1.10 million tons. < br > 2. Recently, the main force 2409 once fell to 7,650 yuan/ton, and the sub-main force 2501 contract once fell by the limit. At the same time, it was accompanied by a decline in the amount of positions, and the market fluctuated greatly. Affect the spot trend of silicon manganese and the purchasing mentality of downstream steel mills. The traditional off-season is approaching and the current number of warehouse receipts has exceeded 100,000, so the market supply is too large. It is recommended to maintain rationality in current investment.